Members Advisory Group LLC Takes $1.61 Million Position in Invesco Semiconductors ETF $PSI

Members Advisory Group LLC purchased a new stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 17,067 shares of the company’s stock, valued at approximately $1,611,000. Invesco Semiconductors ETF comprises approximately 0.6% of Members Advisory Group LLC’s investment portfolio, making the stock its 24th largest holding. Members Advisory Group LLC owned 0.11% of Invesco Semiconductors ETF as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. HighTower Advisors LLC boosted its holdings in Invesco Semiconductors ETF by 205.5% during the fourth quarter. HighTower Advisors LLC now owns 543,240 shares of the company’s stock valued at $42,840,000 after acquiring an additional 365,438 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Invesco Semiconductors ETF by 833.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 151,834 shares of the company’s stock worth $9,129,000 after purchasing an additional 135,576 shares during the last quarter. Trek Financial LLC acquired a new position in shares of Invesco Semiconductors ETF during the 4th quarter worth about $5,457,000. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco Semiconductors ETF by 199.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 101,326 shares of the company’s stock valued at $7,859,000 after purchasing an additional 67,534 shares during the period. Finally, Artesa Financial Group LLC bought a new stake in Invesco Semiconductors ETF during the 4th quarter valued at approximately $5,009,000.

Invesco Semiconductors ETF Stock Down 2.7%

PSI opened at $153.69 on Thursday. The stock’s 50 day moving average price is $159.71 and its two-hundred day moving average price is $121.05. The firm has a market capitalization of $2.59 billion, a P/E ratio of 29.05 and a beta of 1.76. Invesco Semiconductors ETF has a 12-month low of $57.31 and a 12-month high of $189.24.

Invesco Semiconductors ETF Company Profile

PowerShares Dynamic Semiconductors Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Semiconductors Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. The Index consists of stocks of 30 United States semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors.