Householder Group Estate & Retirement Specialist LLC Sells 2,154 Shares of Invesco Semiconductors ETF (NYSEARCA:PSI)

Householder Group Estate & Retirement Specialist LLC cut its holdings in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 47.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,394 shares of the company’s stock after selling 2,154 shares during the period. Householder Group Estate & Retirement Specialist LLC’s holdings in Invesco Semiconductors ETF were worth $138,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in Invesco Semiconductors ETF by 5.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 208,227 shares of the company’s stock worth $13,079,000 after purchasing an additional 10,309 shares in the last quarter. AE Wealth Management LLC grew its holdings in Invesco Semiconductors ETF by 11.6% during the second quarter. AE Wealth Management LLC now owns 10,287 shares of the company’s stock worth $646,000 after buying an additional 1,072 shares in the last quarter. DRW Securities LLC raised its position in Invesco Semiconductors ETF by 70.0% in the 2nd quarter. DRW Securities LLC now owns 11,480 shares of the company’s stock valued at $721,000 after buying an additional 4,729 shares during the last quarter. Beck Capital Management LLC bought a new position in Invesco Semiconductors ETF during the 2nd quarter valued at $2,052,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco Semiconductors ETF by 3.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 37,390 shares of the company’s stock worth $2,349,000 after acquiring an additional 1,359 shares during the last quarter.

Invesco Semiconductors ETF Price Performance

NYSEARCA PSI opened at $63.64 on Friday. The company has a fifty day moving average price of $58.46 and a 200-day moving average price of $57.58. Invesco Semiconductors ETF has a 1 year low of $46.60 and a 1 year high of $67.33. The firm has a market cap of $901.78 million, a price-to-earnings ratio of 7.37 and a beta of 1.77.

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.