Raymond James & Associates Acquires 4,250 Shares of Invesco Semiconductors ETF (NYSEARCA:PSI)

Raymond James & Associates raised its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 4.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 97,869 shares of the company’s stock after buying an additional 4,250 shares during the quarter. Raymond James & Associates owned about 0.69% of Invesco Semiconductors ETF worth $6,147,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Private Advisor Group LLC grew its position in shares of Invesco Semiconductors ETF by 2.3% in the 4th quarter. Private Advisor Group LLC now owns 176,623 shares of the company’s stock worth $8,743,000 after buying an additional 4,012 shares during the last quarter. Concourse Financial Group Securities Inc. boosted its position in shares of Invesco Semiconductors ETF by 1.6% during the first quarter. Concourse Financial Group Securities Inc. now owns 66,670 shares of the company’s stock valued at $3,762,000 after purchasing an additional 1,045 shares in the last quarter. Truist Financial Corp boosted its position in shares of Invesco Semiconductors ETF by 6.6% during the fourth quarter. Truist Financial Corp now owns 57,714 shares of the company’s stock valued at $2,857,000 after purchasing an additional 3,597 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Invesco Semiconductors ETF by 2.9% during the first quarter. Commonwealth Equity Services LLC now owns 55,215 shares of the company’s stock valued at $3,116,000 after purchasing an additional 1,541 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Invesco Semiconductors ETF by 1.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 52,007 shares of the company’s stock valued at $2,935,000 after purchasing an additional 889 shares in the last quarter.

Invesco Semiconductors ETF Stock Up 1.1 %

NYSEARCA PSI opened at $57.46 on Wednesday. Invesco Semiconductors ETF has a twelve month low of $37.34 and a twelve month high of $67.33. The firm has a market capitalization of $814.21 million, a PE ratio of 7.37 and a beta of 1.77. The stock’s 50 day moving average is $59.26 and its 200 day moving average is $57.23.

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.