Warner Group LLC Has $14.66 Million Stake in Invesco Semiconductors ETF $PSI

Warner Group LLC lessened its position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 3.7% in the fourth quarter, HoldingsChannel reports. The fund owned 185,864 shares of the company’s stock after selling 7,044 shares during the period. Invesco Semiconductors ETF accounts for approximately 9.0% of Warner Group LLC’s investment portfolio, making the stock its largest holding. Warner Group LLC’s holdings in Invesco Semiconductors ETF were worth $14,657,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. VSM Wealth Advisory LLC bought a new stake in shares of Invesco Semiconductors ETF during the fourth quarter worth approximately $34,000. Geneos Wealth Management Inc. bought a new stake in shares of Invesco Semiconductors ETF during the fourth quarter worth approximately $35,000. International Assets Investment Management LLC bought a new stake in shares of Invesco Semiconductors ETF during the fourth quarter worth approximately $60,000. Harbor Asset Planning Inc. boosted its holdings in shares of Invesco Semiconductors ETF by 20.7% during the fourth quarter. Harbor Asset Planning Inc. now owns 782 shares of the company’s stock worth $62,000 after acquiring an additional 134 shares during the period. Finally, Allworth Financial LP bought a new stake in shares of Invesco Semiconductors ETF during the third quarter worth approximately $134,000.

Invesco Semiconductors ETF Stock Down 3.6%

Shares of NYSEARCA:PSI opened at $142.95 on Tuesday. Invesco Semiconductors ETF has a 12-month low of $50.18 and a 12-month high of $156.17. The stock has a market cap of $2.13 billion, a PE ratio of 29.05 and a beta of 1.78. The business has a 50 day moving average of $114.48 and a 200-day moving average of $96.15.

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.