Invesco Semiconductors ETF (NYSEARCA:PSI) Sets New 12-Month High at $64.40

Invesco Semiconductors ETF (NYSEARCA:PSI)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $64.40 and last traded at $64.40, with a volume of 6123 shares trading hands. The stock had previously closed at $63.94.

Invesco Semiconductors ETF Stock Performance

The firm’s 50 day moving average price is $57.44 and its two-hundred day moving average price is $53.47. The firm has a market cap of $918.78 million, a PE ratio of 7.37 and a beta of 1.77.

Hedge Funds Weigh In On Invesco Semiconductors ETF

Large investors have recently modified their holdings of the business. MinichMacGregor Wealth Management LLC increased its position in shares of Invesco Semiconductors ETF by 3.2% during the 4th quarter. MinichMacGregor Wealth Management LLC now owns 7,407 shares of the company’s stock worth $367,000 after purchasing an additional 229 shares during the last quarter. Hilltop Holdings Inc. increased its position in shares of Invesco Semiconductors ETF by 4.0% during the fourth quarter. Hilltop Holdings Inc. now owns 6,204 shares of the company’s stock valued at $307,000 after acquiring an additional 240 shares during the last quarter. Perigon Wealth Management LLC raised its stake in shares of Invesco Semiconductors ETF by 5.0% in the 1st quarter. Perigon Wealth Management LLC now owns 6,260 shares of the company’s stock valued at $353,000 after acquiring an additional 300 shares during the period. PFG Advisors lifted its holdings in shares of Invesco Semiconductors ETF by 4.1% in the 4th quarter. PFG Advisors now owns 11,300 shares of the company’s stock worth $559,000 after acquiring an additional 441 shares during the last quarter. Finally, Spire Wealth Management boosted its position in shares of Invesco Semiconductors ETF by 41.0% during the 1st quarter. Spire Wealth Management now owns 1,702 shares of the company’s stock worth $96,000 after purchasing an additional 495 shares during the period.

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.