Invesco Semiconductors ETF (NYSEARCA:PSI) Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lowered its position in Invesco Semiconductors ETF (NYSEARCA:PSI) by 35.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,375 shares of the company’s stock after selling 7,353 shares during the quarter. Wealthcare Advisory Partners LLC owned 0.09% of Invesco Semiconductors ETF worth $755,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in PSI. Envestnet Asset Management Inc. lifted its stake in shares of Invesco Semiconductors ETF by 200.7% in the third quarter. Envestnet Asset Management Inc. now owns 213,785 shares of the company’s stock worth $9,150,000 after acquiring an additional 142,684 shares in the last quarter. Private Advisor Group LLC raised 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 valued at $8,743,000 after purchasing an additional 4,012 shares in the last quarter. Millington Financial Advisors LLC boosted its stake in shares of Invesco Semiconductors ETF by 9.8% during the 4th quarter. Millington Financial Advisors LLC now owns 81,459 shares of the company’s stock valued at $4,032,000 after buying an additional 7,285 shares during the last quarter. Concourse Financial Group Securities Inc. boosted its stake in shares of Invesco Semiconductors ETF by 1.2% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 65,625 shares of the company’s stock valued at $3,248,000 after buying an additional 799 shares during the last quarter. Finally, Truist Financial Corp grew 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 worth $2,857,000 after buying an additional 3,597 shares in the last quarter.

Invesco Semiconductors ETF Price Performance

PSI opened at $62.81 on Friday. Invesco Semiconductors ETF has a 12-month low of $37.34 and a 12-month high of $65.34. The stock has a market capitalization of $890.02 million, a PE ratio of 7.37 and a beta of 1.77. The firm’s fifty day moving average price is $58.59 and its 200 day moving average price is $54.35.

Invesco Semiconductors ETF 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.