Sanctuary Advisors LLC Takes Position in Invesco Semiconductors ETF (NYSEARCA:PSI)

Sanctuary Advisors LLC bought a new stake in Invesco Semiconductors ETF (NYSEARCA:PSI) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,785 shares of the company’s stock, valued at approximately $383,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new position in Invesco Semiconductors ETF during the second quarter valued at $48,000. Newbridge Financial Services Group Inc. raised its stake in Invesco Semiconductors ETF by 141.2% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,025 shares of the company’s stock valued at $64,000 after buying an additional 600 shares during the last quarter. FMR LLC raised its stake in Invesco Semiconductors ETF by 43.6% during the third quarter. FMR LLC now owns 2,906 shares of the company’s stock valued at $167,000 after buying an additional 882 shares during the last quarter. One Capital Management LLC purchased a new position in Invesco Semiconductors ETF during the second quarter valued at $206,000. Finally, Benjamin Edwards Inc. purchased a new position in Invesco Semiconductors ETF during the third quarter valued at $233,000.

Invesco Semiconductors ETF Stock Down 1.4 %

Shares of NYSEARCA PSI opened at $59.44 on Friday. The firm’s 50-day moving average price is $57.31 and its 200-day moving average price is $57.82. Invesco Semiconductors ETF has a 52-week low of $45.60 and a 52-week high of $67.33. The company has a market cap of $842.26 million, a PE 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.