Invesco Semiconductors ETF (NYSEARCA:PSI) Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 111.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,043 shares of the company’s stock after acquiring an additional 11,095 shares during the period. PNC Financial Services Group Inc. owned approximately 0.15% of Invesco Semiconductors ETF worth $1,210,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. MFA Wealth Advisors LLC acquired a new position in shares of Invesco Semiconductors ETF in the second quarter valued at approximately $31,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco Semiconductors ETF in the second quarter valued at $48,000. Newbridge Financial Services Group Inc. boosted its holdings in Invesco Semiconductors ETF by 141.2% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,025 shares of the company’s stock valued at $64,000 after purchasing an additional 600 shares during the period. Comerica Bank grew its stake in Invesco Semiconductors ETF by 237.0% during the 1st quarter. Comerica Bank now owns 1,914 shares of the company’s stock worth $108,000 after purchasing an additional 1,346 shares in the last quarter. Finally, One Capital Management LLC acquired a new stake in Invesco Semiconductors ETF in the second quarter valued at approximately $206,000.

Invesco Semiconductors ETF Price Performance

NYSEARCA:PSI opened at $55.69 on Thursday. The firm has a market capitalization of $789.13 million, a PE ratio of 7.37 and a beta of 1.77. The business’s fifty day moving average price is $56.51 and its 200 day moving average price is $57.87. Invesco Semiconductors ETF has a 12 month low of $42.76 and a 12 month 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.