MONECO Advisors LLC Makes New Investment in Invesco Semiconductors ETF (NYSEARCA:PSI)

MONECO Advisors LLC purchased a new position in Invesco Semiconductors ETF (NYSEARCA:PSI) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,310 shares of the company’s stock, valued at approximately $213,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. MinichMacGregor Wealth Management LLC lifted its position in shares of Invesco Semiconductors ETF by 3.2% in the fourth quarter. MinichMacGregor Wealth Management LLC now owns 7,407 shares of the company’s stock worth $367,000 after buying an additional 229 shares during the last quarter. Hilltop Holdings Inc. lifted its position in shares of Invesco Semiconductors ETF by 4.0% during the 4th quarter. Hilltop Holdings Inc. now owns 6,204 shares of the company’s stock worth $307,000 after purchasing an additional 240 shares during the last quarter. PFG Advisors lifted its position in shares of Invesco Semiconductors ETF by 4.1% during the 4th quarter. PFG Advisors now owns 11,300 shares of the company’s stock worth $559,000 after purchasing an additional 441 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Invesco Semiconductors ETF by 675.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 698 shares of the company’s stock worth $35,000 after purchasing an additional 608 shares during the last quarter. Finally, Koshinski Asset Management Inc. lifted its position in shares of Invesco Semiconductors ETF by 8.5% during the 4th quarter. Koshinski Asset Management Inc. now owns 9,193 shares of the company’s stock worth $455,000 after purchasing an additional 724 shares during the last quarter.

Invesco Semiconductors ETF Stock Performance

NYSEARCA PSI opened at $63.94 on Tuesday. Invesco Semiconductors ETF has a twelve month low of $37.34 and a twelve month high of $63.99. The stock has a market capitalization of $906.03 million, a PE ratio of 7.37 and a beta of 1.77. The stock has a 50-day simple moving average of $57.09 and a 200 day simple moving average of $53.24.

Invesco Semiconductors ETF 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.