Invesco Semiconductors ETF (NYSEARCA:PSI – Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $166.77 and last traded at $166.46, with a volume of 137995 shares trading hands. The stock had previously closed at $163.00.
Invesco Semiconductors ETF Price Performance
The company has a fifty day simple moving average of $136.21 and a two-hundred day simple moving average of $106.23. The company has a market capitalization of $2.47 billion, a P/E ratio of 29.05 and a beta of 1.80.
Institutional Investors Weigh In On Invesco Semiconductors ETF
Institutional investors have recently added to or reduced their stakes in the stock. NFSG Corp boosted its holdings in Invesco Semiconductors ETF by 55.6% during the first quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Fifth Third Bancorp acquired a new position in Invesco Semiconductors ETF during the 1st quarter worth $26,000. Ascentis Independent Advisors acquired a new position in Invesco Semiconductors ETF during the 1st quarter worth $28,000. VSM Wealth Advisory LLC acquired a new position in shares of Invesco Semiconductors ETF in the 4th quarter valued at $34,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of Invesco Semiconductors ETF in the 4th quarter valued at $35,000.
About Invesco Semiconductors ETF
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.
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