Envestnet Asset Management Inc. Lowers Stock Holdings in Invesco Semiconductors ETF (NYSEARCA:PSI)

Envestnet Asset Management Inc. reduced its stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 145,178 shares of the company’s stock after selling 1,348 shares during the period. Envestnet Asset Management Inc. owned 1.02% of Invesco Semiconductors ETF worth $8,409,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. VSM Wealth Advisory LLC acquired a new position in shares of Invesco Semiconductors ETF during the fourth quarter worth about $25,000. Wells Fargo & Company MN lifted its position in shares of Invesco Semiconductors ETF by 60,000.0% during the fourth quarter. Wells Fargo & Company MN now owns 601 shares of the company’s stock worth $35,000 after purchasing an additional 600 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Invesco Semiconductors ETF by 33.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,380 shares of the company’s stock worth $80,000 after acquiring an additional 345 shares in the last quarter. FMR LLC boosted its holdings in Invesco Semiconductors ETF by 43.6% in the third quarter. FMR LLC now owns 2,906 shares of the company’s stock worth $167,000 after purchasing an additional 882 shares during the period. Finally, J.W. Cole Advisors Inc. bought a new stake in shares of Invesco Semiconductors ETF during the 4th quarter valued at about $203,000.

Invesco Semiconductors ETF Trading Down 0.5 %

Shares of Invesco Semiconductors ETF stock opened at $42.04 on Friday. Invesco Semiconductors ETF has a twelve month low of $37.64 and a twelve month high of $67.33. The business’s 50 day simple moving average is $50.39 and its 200-day simple moving average is $55.64. The stock has a market capitalization of $522.56 million, a price-to-earnings ratio of 21.41 and a beta of 1.47.

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.