MONECO Advisors LLC Invests $213,000 in Invesco Semiconductors ETF (NYSEARCA:PSI)

MONECO Advisors LLC purchased a new position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,310 shares of the company’s stock, valued at approximately $213,000.

Other large investors have also modified their holdings of the company. DAVENPORT & Co LLC raised its stake in shares of Invesco Semiconductors ETF by 12.5% during the fourth quarter. DAVENPORT & Co LLC now owns 29,755 shares of the company’s stock worth $1,473,000 after purchasing an additional 3,295 shares during the last quarter. Barclays PLC grew its holdings in Invesco Semiconductors ETF by 200.0% during the third quarter. Barclays PLC now owns 3,591 shares of the company’s stock worth $154,000 after acquiring an additional 2,394 shares during the period. Householder Group Estate & Retirement Specialist LLC grew its holdings in Invesco Semiconductors ETF by 381.2% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 10,008 shares of the company’s stock worth $495,000 after acquiring an additional 7,928 shares during the period. Kestra Private Wealth Services LLC acquired a new position in Invesco Semiconductors ETF during the fourth quarter worth $222,000. Finally, UBS Group AG grew its holdings in Invesco Semiconductors ETF by 194.8% during the third quarter. UBS Group AG now owns 186,420 shares of the company’s stock worth $7,979,000 after acquiring an additional 123,192 shares during the period.

Invesco Semiconductors ETF Price Performance

Shares of PSI stock opened at $63.94 on Tuesday. The business’s fifty day moving average price is $57.09 and its 200 day moving average price is $53.24. Invesco Semiconductors ETF has a 1-year low of $37.34 and a 1-year high of $63.99. The firm has a market capitalization of $906.03 million, a PE ratio of 7.37 and a beta of 1.77.

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.