Capital Wealth Alliance LLC Has $1.06 Million Stock Position in Invesco Semiconductors ETF (NYSEARCA:PSI)

Capital Wealth Alliance LLC boosted its holdings in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 21.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,208 shares of the company’s stock after acquiring an additional 3,223 shares during the quarter. Capital Wealth Alliance LLC owned 0.13% of Invesco Semiconductors ETF worth $1,055,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in PSI. JPMorgan Chase & Co. lifted its position in shares of Invesco Semiconductors ETF by 625.0% in the third quarter. JPMorgan Chase & Co. now owns 47,674 shares of the company’s stock worth $2,742,000 after buying an additional 41,098 shares during the last quarter. Jane Street Group LLC acquired a new stake in Invesco Semiconductors ETF during the third quarter worth $1,630,000. Strategic Financial Concepts LLC acquired a new position in Invesco Semiconductors ETF in the fourth quarter worth about $807,000. PNC Financial Services Group Inc. grew its holdings in shares of Invesco Semiconductors ETF by 111.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 21,043 shares of the company’s stock worth $1,210,000 after purchasing an additional 11,095 shares during the last quarter. Finally, Silver Oak Securities Incorporated acquired a new position in Invesco Semiconductors ETF during the 4th quarter worth $640,000.

Invesco Semiconductors ETF Price Performance

Invesco Semiconductors ETF stock opened at $59.57 on Tuesday. The company’s 50 day simple moving average is $59.99 and its 200 day simple moving average is $57.23. The firm has a market capitalization of $844.11 million, a price-to-earnings ratio of 7.37 and a beta of 1.77. Invesco Semiconductors ETF has a fifty-two week low of $46.60 and a fifty-two week high of $67.33.

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.