17,839 Shares in Invesco Semiconductors ETF (NYSEARCA:PSI) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) during the fourth quarter, Holdings Channel reports. The firm purchased 17,839 shares of the company’s stock, valued at approximately $1,033,000.

Other hedge funds have also recently added to or reduced their stakes in the company. MML Investors Services LLC grew its stake in shares of Invesco Semiconductors ETF by 3.4% in the 3rd quarter. MML Investors Services LLC now owns 123,909 shares of the company’s stock valued at $7,127,000 after purchasing an additional 4,104 shares during the last quarter. Millington Financial Advisors LLC grew its stake in shares of Invesco Semiconductors ETF by 0.9% in the 4th quarter. Millington Financial Advisors LLC now owns 89,019 shares of the company’s stock valued at $5,231,000 after purchasing an additional 802 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Invesco Semiconductors ETF by 625.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 47,674 shares of the company’s stock valued at $2,742,000 after purchasing an additional 41,098 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of Invesco Semiconductors ETF by 3.5% in the 4th quarter. Private Advisor Group LLC now owns 41,804 shares of the company’s stock valued at $2,421,000 after purchasing an additional 1,423 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Invesco Semiconductors ETF in the 3rd quarter valued at approximately $1,630,000.

Invesco Semiconductors ETF Trading Down 1.1 %

Shares of PSI stock opened at $51.11 on Friday. The business’s 50 day moving average is $57.31 and its two-hundred day moving average is $57.09. Invesco Semiconductors ETF has a twelve month low of $46.60 and a twelve month high of $67.33. The company has a market capitalization of $632.74 million, a P/E ratio of 24.55 and a beta of 1.40.

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.