International Assets Investment Management LLC Acquires Shares of 764 Invesco Semiconductors ETF (NYSEARCA:PSI)

International Assets Investment Management LLC purchased a new position in Invesco Semiconductors ETF (NYSEARCA:PSI) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 764 shares of the company’s stock, valued at approximately $48,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MFA Wealth Advisors LLC purchased a new stake in shares of Invesco Semiconductors ETF in the second quarter worth about $31,000. Spire Wealth Management lifted its holdings in shares of Invesco Semiconductors ETF by 41.0% in the first quarter. Spire Wealth Management now owns 1,702 shares of the company’s stock worth $96,000 after buying an additional 495 shares in the last quarter. Comerica Bank lifted its holdings in shares of Invesco Semiconductors ETF by 237.0% in the first quarter. Comerica Bank now owns 1,914 shares of the company’s stock worth $108,000 after buying an additional 1,346 shares in the last quarter. Transcendent Capital Group LLC purchased a new stake in shares of Invesco Semiconductors ETF in the first quarter worth about $118,000. Finally, Cetera Advisors LLC purchased a new stake in shares of Invesco Semiconductors ETF in the first quarter worth about $207,000.

Invesco Semiconductors ETF Trading Up 0.6 %

Shares of Invesco Semiconductors ETF stock opened at $53.33 on Thursday. Invesco Semiconductors ETF has a 12-month low of $37.34 and a 12-month high of $67.33. The company has a market cap of $755.69 million, a price-to-earnings ratio of 7.37 and a beta of 1.77. The company’s 50-day moving average price is $58.47 and its 200-day moving average price is $57.34.

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.