Strategic Financial Concepts LLC Invests $807,000 in Invesco Semiconductors ETF (NYSEARCA:PSI)

Strategic Financial Concepts LLC bought a new position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) during the 4th quarter, HoldingsChannel.com reports. The fund bought 13,940 shares of the company’s stock, valued at approximately $807,000.

Several other large investors have also recently added to or reduced their stakes in the business. PFG Investments LLC grew its stake in shares of Invesco Semiconductors ETF by 10.1% in the third quarter. PFG Investments LLC now owns 8,821 shares of the company’s stock worth $507,000 after acquiring an additional 808 shares in the last quarter. Valley National Advisers Inc. grew its stake in Invesco Semiconductors ETF by 4.1% during the 3rd quarter. Valley National Advisers Inc. now owns 33,968 shares of the company’s stock worth $1,953,000 after purchasing an additional 1,330 shares in the last quarter. Golden State Equity Partners grew its stake in Invesco Semiconductors ETF by 21.4% during the 3rd quarter. Golden State Equity Partners now owns 4,460 shares of the company’s stock worth $257,000 after purchasing an additional 785 shares in the last quarter. Capstone Triton Financial Group LLC increased its holdings in Invesco Semiconductors ETF by 6.3% during the 3rd quarter. Capstone Triton Financial Group LLC now owns 14,872 shares of the company’s stock worth $855,000 after purchasing an additional 882 shares during the period. Finally, Valley Brook Capital Group Inc. raised its position in Invesco Semiconductors ETF by 5.5% in the 3rd quarter. Valley Brook Capital Group Inc. now owns 10,394 shares of the company’s stock valued at $598,000 after purchasing an additional 540 shares in the last quarter.

Invesco Semiconductors ETF Stock Performance

Shares of Invesco Semiconductors ETF stock opened at $60.30 on Wednesday. The business has a 50-day simple moving average of $60.07 and a 200-day simple moving average of $57.42. Invesco Semiconductors ETF has a one year low of $46.60 and a one year high of $67.33. The company has a market cap of $854.45 million, a PE ratio of 7.37 and a beta of 1.77.

Invesco Semiconductors ETF Company 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.