Wealthcare Advisory Partners LLC Purchases 3,414 Shares of Invesco Semiconductors ETF $PSI

Wealthcare Advisory Partners LLC grew its position in Invesco Semiconductors ETF (NYSEARCA:PSI) by 94.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,020 shares of the company’s stock after purchasing an additional 3,414 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Invesco Semiconductors ETF were worth $1,318,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. HighTower Advisors LLC increased its position in shares of Invesco Semiconductors ETF by 205.5% in the 4th quarter. HighTower Advisors LLC now owns 543,240 shares of the company’s stock valued at $42,840,000 after buying an additional 365,438 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in Invesco Semiconductors ETF by 833.9% during the second quarter. Ameriprise Financial Inc. now owns 151,834 shares of the company’s stock worth $9,129,000 after acquiring an additional 135,576 shares in the last quarter. Trek Financial LLC acquired a new position in Invesco Semiconductors ETF in the fourth quarter valued at about $5,457,000. Northwestern Mutual Wealth Management Co. grew its stake in Invesco Semiconductors ETF by 199.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 101,326 shares of the company’s stock valued at $7,859,000 after acquiring an additional 67,534 shares during the period. Finally, Artesa Financial Group LLC acquired a new position in Invesco Semiconductors ETF in the fourth quarter valued at about $5,009,000.

Invesco Semiconductors ETF Price Performance

NYSEARCA PSI opened at $151.61 on Friday. Invesco Semiconductors ETF has a one year low of $58.62 and a one year high of $189.24. The firm has a market cap of $2.55 billion, a P/E ratio of 29.05 and a beta of 1.79. The stock’s 50-day moving average is $155.46 and its 200-day moving average is $129.32.

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. The Index consists of stocks of 30 United States semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors.