PNC Financial Services Group Inc. Acquires 1,200 Shares of Invesco Semiconductors ETF (NYSEARCA:PSI)

PNC Financial Services Group Inc. grew its holdings in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 16.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,339 shares of the company’s stock after purchasing an additional 1,200 shares during the period. PNC Financial Services Group Inc. owned about 0.06% of Invesco Semiconductors ETF worth $413,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in PSI. Geneos Wealth Management Inc. increased its holdings in Invesco Semiconductors ETF by 675.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 698 shares of the company’s stock valued at $35,000 after buying an additional 608 shares during the period. Global Retirement Partners LLC bought a new position in Invesco Semiconductors ETF in the fourth quarter valued at approximately $66,000. Barclays PLC raised its position in Invesco Semiconductors ETF by 200.0% during the third quarter. Barclays PLC now owns 3,591 shares of the company’s stock valued at $154,000 after purchasing an additional 2,394 shares in the last quarter. IFG Advisory LLC bought a new stake in Invesco Semiconductors ETF during the fourth quarter worth $205,000. Finally, MONECO Advisors LLC acquired a new stake in shares of Invesco Semiconductors ETF in the 4th quarter valued at $213,000.

Invesco Semiconductors ETF Stock Performance

Invesco Semiconductors ETF stock opened at $62.81 on Friday. Invesco Semiconductors ETF has a 52 week low of $37.34 and a 52 week high of $65.34. The stock has a market capitalization of $890.02 million, a P/E ratio of 7.37 and a beta of 1.77. The stock has a fifty day moving average of $58.59 and a 200-day moving average of $54.29.

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.