Yahav Achim Ve Achayot Provident Funds Management Co Ltd. Sells 15,000 Shares of Invesco Semiconductors ETF (NYSEARCA:PSI)

Yahav Achim Ve Achayot Provident Funds Management Co Ltd. lessened its holdings in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 44.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,122 shares of the company’s stock after selling 15,000 shares during the quarter. Invesco Semiconductors ETF makes up 3.0% of Yahav Achim Ve Achayot Provident Funds Management Co Ltd.’s portfolio, making the stock its 12th biggest position. Yahav Achim Ve Achayot Provident Funds Management Co Ltd.’s holdings in Invesco Semiconductors ETF were worth $1,100,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Avantax Advisory Services Inc. purchased a new stake in Invesco Semiconductors ETF in the first quarter worth $243,000. Transcendent Capital Group LLC purchased a new stake in Invesco Semiconductors ETF in the first quarter worth $118,000. Comerica Bank grew its stake in Invesco Semiconductors ETF by 237.0% in the first quarter. Comerica Bank now owns 1,914 shares of the company’s stock worth $108,000 after purchasing an additional 1,346 shares during the period. Cetera Advisors LLC purchased a new stake in Invesco Semiconductors ETF in the first quarter worth $207,000. Finally, Bright Futures Wealth Management LLC. purchased a new stake in Invesco Semiconductors ETF in the first quarter worth $728,000.

Invesco Semiconductors ETF Price Performance

Shares of PSI stock opened at $54.53 on Thursday. The stock has a market cap of $772.69 million, a price-to-earnings ratio of 7.37 and a beta of 1.77. The business’s fifty day moving average is $56.29 and its 200 day moving average is $57.83. Invesco Semiconductors ETF has a twelve month low of $42.76 and a twelve month 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.