Cetera Investment Advisers Trims Stock Holdings in Invesco Semiconductors ETF (NYSEARCA:PSI)

Cetera Investment Advisers lessened its stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 19.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,256 shares of the company’s stock after selling 4,550 shares during the quarter. Cetera Investment Advisers owned 0.14% of Invesco Semiconductors ETF worth $1,209,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. raised its holdings in Invesco Semiconductors ETF by 0.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 52,232 shares of the company’s stock valued at $3,281,000 after acquiring an additional 225 shares in the last quarter. Perigon Wealth Management LLC lifted its position in shares of Invesco Semiconductors ETF by 5.0% during the 1st quarter. Perigon Wealth Management LLC now owns 6,260 shares of the company’s stock worth $353,000 after purchasing an additional 300 shares during the last quarter. Bright Futures Wealth Management LLC. lifted its position in shares of Invesco Semiconductors ETF by 2.8% during the 2nd quarter. Bright Futures Wealth Management LLC. now owns 12,071 shares of the company’s stock worth $758,000 after purchasing an additional 332 shares during the last quarter. Nilsine Partners LLC grew its stake in shares of Invesco Semiconductors ETF by 1.3% during the second quarter. Nilsine Partners LLC now owns 30,104 shares of the company’s stock worth $1,891,000 after purchasing an additional 397 shares in the last quarter. Finally, MFA Wealth Advisors LLC purchased a new position in Invesco Semiconductors ETF in the second quarter valued at $31,000.

Invesco Semiconductors ETF Price Performance

Shares of NYSEARCA PSI opened at $56.90 on Thursday. Invesco Semiconductors ETF has a 1 year low of $37.34 and a 1 year high of $67.33. The company has a market capitalization of $806.27 million, a price-to-earnings ratio of 7.37 and a beta of 1.77. The business has a 50-day moving average of $55.87 and a two-hundred day moving average of $57.53.

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.