Proficio Capital Partners LLC Purchases Shares of 17,839 Invesco Semiconductors ETF (NYSEARCA:PSI)

Proficio Capital Partners LLC purchased a new stake in Invesco Semiconductors ETF (NYSEARCA:PSI) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 17,839 shares of the company’s stock, valued at approximately $1,033,000. Proficio Capital Partners LLC owned approximately 0.13% of Invesco Semiconductors ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC raised its position in shares of Invesco Semiconductors ETF by 33.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,380 shares of the company’s stock worth $80,000 after acquiring an additional 345 shares in the last quarter. FMR LLC raised its position in shares of Invesco Semiconductors ETF by 43.6% during the 3rd quarter. FMR LLC now owns 2,906 shares of the company’s stock worth $167,000 after acquiring an additional 882 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new stake in shares of Invesco Semiconductors ETF during the 4th quarter worth about $203,000. Benjamin Edwards Inc. acquired a new stake in shares of Invesco Semiconductors ETF during the 3rd quarter worth about $233,000. Finally, Kovack Advisors Inc. acquired a new stake in shares of Invesco Semiconductors ETF during the 4th quarter worth about $251,000.

Invesco Semiconductors ETF Stock Performance

Shares of NYSEARCA PSI opened at $51.11 on Friday. The stock’s 50-day simple moving average is $57.31 and its 200-day simple moving average is $57.09. The firm has a market capitalization of $632.74 million, a PE ratio of 24.55 and a beta of 1.40. Invesco Semiconductors ETF has a fifty-two week low of $46.60 and a fifty-two week high of $67.33.

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.