Wealthcare Advisory Partners LLC Trims Holdings in Invesco Semiconductors ETF (NYSEARCA:PSI)

Wealthcare Advisory Partners LLC reduced its holdings in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 16.6% during the 4th quarter, HoldingsChannel reports. The firm owned 5,037 shares of the company’s stock after selling 1,000 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Invesco Semiconductors ETF were worth $292,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Newbridge Financial Services Group Inc. boosted its position in shares of Invesco Semiconductors ETF by 141.2% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,025 shares of the company’s stock worth $64,000 after purchasing an additional 600 shares in the last quarter. FMR LLC lifted its holdings in shares of Invesco Semiconductors ETF by 43.6% in the third quarter. FMR LLC now owns 2,906 shares of the company’s stock valued at $167,000 after purchasing an additional 882 shares in the last quarter. Benjamin Edwards Inc. acquired a new stake in Invesco Semiconductors ETF during the 3rd quarter valued at $233,000. Golden State Equity Partners boosted its stake in shares of Invesco Semiconductors ETF by 21.4% during the third quarter. Golden State Equity Partners now owns 4,460 shares of the company’s stock valued at $257,000 after acquiring an additional 785 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in shares of Invesco Semiconductors ETF during the second quarter valued at approximately $292,000.

Invesco Semiconductors ETF Trading Up 1.4 %

Invesco Semiconductors ETF stock opened at $64.52 on Wednesday. Invesco Semiconductors ETF has a 52 week low of $46.60 and a 52 week high of $67.33. The stock has a fifty day moving average price of $58.74 and a 200 day moving average price of $57.49. The firm has a market capitalization of $914.25 million, a P/E 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.