Western Financial Corp CA Acquires 237 Shares of Invesco Semiconductors ETF (NYSEARCA:PSI)

Western Financial Corp CA grew its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 3.7% in the 3rd quarter, Holdings Channel reports. The fund owned 6,597 shares of the company’s stock after purchasing an additional 237 shares during the quarter. Western Financial Corp CA’s holdings in Invesco Semiconductors ETF were worth $379,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Cambridge Investment Research Advisors Inc. lifted its stake in Invesco Semiconductors ETF by 0.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 52,232 shares of the company’s stock valued at $3,281,000 after buying an additional 225 shares in the last quarter. Perigon Wealth Management LLC increased its holdings in Invesco Semiconductors ETF by 5.0% during the 1st quarter. Perigon Wealth Management LLC now owns 6,260 shares of the company’s stock worth $353,000 after purchasing an additional 300 shares in the last quarter. Bright Futures Wealth Management LLC. raised its stake in shares of Invesco Semiconductors ETF by 2.8% in the 2nd quarter. Bright Futures Wealth Management LLC. now owns 12,071 shares of the company’s stock valued at $758,000 after purchasing an additional 332 shares during the period. Nilsine Partners LLC raised its position in Invesco Semiconductors ETF by 1.3% in the 2nd quarter. Nilsine Partners LLC now owns 30,104 shares of the company’s stock valued at $1,891,000 after buying an additional 397 shares during the last quarter. Finally, MFA Wealth Advisors LLC bought a new stake in Invesco Semiconductors ETF in the 2nd quarter valued at approximately $31,000.

Invesco Semiconductors ETF Trading Down 0.9 %

Shares of NYSEARCA PSI traded down $0.54 during midday trading on Monday, reaching $56.48. The company’s stock had a trading volume of 53,721 shares, compared to its average volume of 88,518. Invesco Semiconductors ETF has a fifty-two week low of $37.34 and a fifty-two week high of $67.33. The stock has a 50 day simple moving average of $56.04 and a 200-day simple moving average of $57.54. The stock has a market capitalization of $800.32 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.