Strategic Financial Concepts LLC Acquires New Position in Invesco Semiconductors ETF (NYSEARCA:PSI)

Strategic Financial Concepts LLC bought a new position in Invesco Semiconductors ETF (NYSEARCA:PSI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 13,940 shares of the company’s stock, valued at approximately $807,000. Strategic Financial Concepts LLC owned 0.10% of Invesco Semiconductors ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of PSI. MML Investors Services LLC boosted its holdings in shares of Invesco Semiconductors ETF by 3.4% during the third quarter. MML Investors Services LLC now owns 123,909 shares of the company’s stock worth $7,127,000 after purchasing an additional 4,104 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in 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 buying an additional 41,098 shares during the last quarter. Valley National Advisers Inc. grew its holdings in Invesco Semiconductors ETF by 4.1% in the 3rd quarter. Valley National Advisers Inc. now owns 33,968 shares of the company’s stock valued at $1,953,000 after buying an additional 1,330 shares during the period. Jane Street Group LLC acquired a new position in shares of Invesco Semiconductors ETF during the 3rd quarter valued at about $1,630,000. Finally, Strategic Blueprint LLC lifted its holdings in shares of Invesco Semiconductors ETF by 1.8% during the 4th quarter. Strategic Blueprint LLC now owns 24,944 shares of the company’s stock worth $1,445,000 after acquiring an additional 430 shares during the period.

Invesco Semiconductors ETF Stock Performance

PSI opened at $58.81 on Wednesday. Invesco Semiconductors ETF has a 1 year low of $46.60 and a 1 year high of $67.33. The company’s 50 day simple moving average is $60.00 and its 200 day simple moving average is $57.25. The stock has a market capitalization of $833.34 million, a PE 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.