Janney Montgomery Scott LLC Purchases Shares of 5,130 Invesco Semiconductors ETF (NYSEARCA:PSI)

Janney Montgomery Scott LLC acquired a new stake in Invesco Semiconductors ETF (NYSEARCA:PSI) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,130 shares of the company’s stock, valued at approximately $297,000.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in Invesco Semiconductors ETF by 625.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 47,674 shares of the company’s stock valued at $2,742,000 after buying an additional 41,098 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Invesco Semiconductors ETF in the 3rd quarter worth $383,000. FMR LLC raised its holdings in shares of Invesco Semiconductors ETF by 43.6% in the third quarter. FMR LLC now owns 2,906 shares of the company’s stock valued at $167,000 after purchasing an additional 882 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Invesco Semiconductors ETF during the third quarter valued at about $1,630,000. Finally, Koshinski Asset Management Inc. boosted its holdings in Invesco Semiconductors ETF by 6.0% during the third quarter. Koshinski Asset Management Inc. now owns 9,603 shares of the company’s stock worth $552,000 after purchasing an additional 541 shares during the last quarter.

Invesco Semiconductors ETF Stock Performance

Shares of PSI stock opened at $58.81 on Wednesday. Invesco Semiconductors ETF has a 52-week low of $46.60 and a 52-week high of $67.33. The company has a 50-day simple moving average of $60.00 and a two-hundred day simple moving average of $57.25. The company has a market capitalization of $833.34 million, a price-to-earnings ratio of 7.37 and a beta of 1.77.

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.