Sanctuary Advisors LLC Buys Shares of 6,785 Invesco Semiconductors ETF (NYSEARCA:PSI)

Sanctuary Advisors LLC acquired a new stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 6,785 shares of the company’s stock, valued at approximately $383,000.

A number of other hedge funds have also recently modified their holdings of the business. KKM Financial LLC grew its position in shares of Invesco Semiconductors ETF by 1.8% during the 3rd quarter. KKM Financial LLC now owns 12,340 shares of the company’s stock valued at $710,000 after acquiring an additional 215 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in shares of Invesco Semiconductors ETF by 0.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 52,232 shares of the company’s stock valued at $3,281,000 after acquiring an additional 225 shares during the period. Western Financial Corp CA grew its position in shares of Invesco Semiconductors ETF by 3.7% during the 3rd quarter. Western Financial Corp CA now owns 6,597 shares of the company’s stock valued at $379,000 after acquiring an additional 237 shares during the period. Bright Futures Wealth Management LLC. grew its position in shares of Invesco Semiconductors ETF by 2.8% during the 2nd quarter. Bright Futures Wealth Management LLC. now owns 12,071 shares of the company’s stock valued at $758,000 after acquiring an additional 332 shares during the period. Finally, Nilsine Partners LLC grew its position in shares of Invesco Semiconductors ETF by 1.3% during the 2nd quarter. Nilsine Partners LLC now owns 30,104 shares of the company’s stock valued at $1,891,000 after acquiring an additional 397 shares during the period.

Invesco Semiconductors ETF Stock Performance

Shares of Invesco Semiconductors ETF stock opened at $59.44 on Friday. The company has a market capitalization of $842.26 million, a P/E ratio of 7.37 and a beta of 1.77. The company has a fifty day moving average of $57.31 and a 200 day moving average of $57.82. Invesco Semiconductors ETF has a fifty-two week low of $45.60 and a fifty-two week high of $67.33.

About Invesco Semiconductors ETF

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.