Invesco Semiconductors ETF (NYSEARCA:PSI) Shares Sold by Carr Financial Group Corp

Carr Financial Group Corp decreased its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 19.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,844 shares of the company’s stock after selling 1,652 shares during the quarter. Carr Financial Group Corp’s holdings in Invesco Semiconductors ETF were worth $396,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in PSI. JPMorgan Chase & Co. boosted its position in shares of Invesco Semiconductors ETF by 625.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 47,674 shares of the company’s stock worth $2,742,000 after purchasing an additional 41,098 shares in the last quarter. Jane Street Group LLC purchased a new position in Invesco Semiconductors ETF in the 3rd quarter worth $1,630,000. Concourse Financial Group Securities Inc. raised its stake in Invesco Semiconductors ETF by 8.8% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 162,486 shares of the company’s stock worth $9,346,000 after acquiring an additional 13,171 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Invesco Semiconductors ETF by 111.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 21,043 shares of the company’s stock worth $1,210,000 after acquiring an additional 11,095 shares during the last quarter. Finally, WESPAC Advisors LLC purchased a new position in Invesco Semiconductors ETF in the 3rd quarter worth $403,000.

Invesco Semiconductors ETF Price Performance

Shares of PSI stock opened at $63.17 on Friday. The firm has a market capitalization of $895.12 million, a price-to-earnings ratio of 7.37 and a beta of 1.77. The business has a fifty day moving average of $59.31 and a 200 day moving average of $57.57. Invesco Semiconductors ETF has a 1 year low of $46.60 and a 1 year high of $67.33.

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.