Invesco Semiconductors ETF $PSI Stock Sold by M Holdings Securities Inc.

M Holdings Securities Inc. cut its position in Invesco Semiconductors ETF (NYSEARCA:PSI) by 41.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,945 shares of the company’s stock after selling 17,173 shares during the quarter. M Holdings Securities Inc.’s holdings in Invesco Semiconductors ETF were worth $3,651,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. NFSG Corp grew its holdings in Invesco Semiconductors ETF by 55.6% in the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. Fifth Third Bancorp acquired a new stake in shares of Invesco Semiconductors ETF during the first quarter worth $26,000. Ascentis Independent Advisors acquired a new stake in shares of Invesco Semiconductors ETF during the first quarter worth $28,000. Go Invest LLC acquired a new stake in shares of Invesco Semiconductors ETF during the third quarter worth $34,000. Finally, First Bancorp Inc ME bought a new stake in shares of Invesco Semiconductors ETF in the second quarter valued at about $43,000.

Invesco Semiconductors ETF Stock Performance

Shares of Invesco Semiconductors ETF stock opened at $103.07 on Monday. The firm has a 50-day moving average of $135.07 and a 200-day moving average of $130.66. Invesco Semiconductors ETF has a 52-week low of $66.93 and a 52-week high of $189.24. The stock has a market cap of $1.96 billion, a PE ratio of 29.05 and a beta of 1.87.

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.