MONECO Advisors LLC Takes $213,000 Position in Invesco Semiconductors ETF (NYSEARCA:PSI)

MONECO Advisors LLC bought a new stake in Invesco Semiconductors ETF (NYSEARCA:PSI) during the 4th quarter, Holdings Channel reports. The fund bought 4,310 shares of the company’s stock, valued at approximately $213,000.

Other hedge funds also recently modified their holdings of the company. DAVENPORT & Co LLC boosted its stake in Invesco Semiconductors ETF by 12.5% during the 4th quarter. DAVENPORT & Co LLC now owns 29,755 shares of the company’s stock worth $1,473,000 after acquiring an additional 3,295 shares during the last quarter. Barclays PLC raised its holdings in Invesco Semiconductors ETF by 200.0% during the 3rd quarter. Barclays PLC now owns 3,591 shares of the company’s stock worth $154,000 after buying an additional 2,394 shares during the period. Householder Group Estate & Retirement Specialist LLC raised its holdings in Invesco Semiconductors ETF by 381.2% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 10,008 shares of the company’s stock worth $495,000 after buying an additional 7,928 shares during the period. UBS Group AG raised its holdings in Invesco Semiconductors ETF by 194.8% during the 3rd quarter. UBS Group AG now owns 186,420 shares of the company’s stock worth $7,979,000 after buying an additional 123,192 shares during the period. Finally, Koshinski Asset Management Inc. raised its holdings in Invesco Semiconductors ETF by 8.5% during the 4th quarter. Koshinski Asset Management Inc. now owns 9,193 shares of the company’s stock worth $455,000 after buying an additional 724 shares during the period.

Invesco Semiconductors ETF Stock Performance

Shares of PSI stock opened at $53.60 on Friday. Invesco Semiconductors ETF has a 52 week low of $36.18 and a 52 week high of $58.59. The company has a market capitalization of $759.51 million, a P/E ratio of 7.37 and a beta of 1.77. The company’s 50 day moving average price is $54.81 and its two-hundred day moving average price is $49.18.

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.