Integrated Wealth Concepts LLC Has $703,000 Stock Holdings in Invesco Semiconductors ETF $PSI

Integrated Wealth Concepts LLC cut its position in Invesco Semiconductors ETF (NYSEARCA:PSI) by 3.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,827 shares of the company’s stock after selling 500 shares during the period. Integrated Wealth Concepts LLC owned about 0.12% of Invesco Semiconductors ETF worth $703,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in Invesco Semiconductors ETF by 22.7% in the first quarter. LPL Financial LLC now owns 596,559 shares of the company’s stock worth $28,265,000 after purchasing an additional 110,556 shares during the period. Cetera Investment Advisers raised its stake in Invesco Semiconductors ETF by 772.1% during the 1st quarter. Cetera Investment Advisers now owns 195,453 shares of the company’s stock worth $9,261,000 after buying an additional 173,041 shares during the period. Envestnet Asset Management Inc. raised its stake in Invesco Semiconductors ETF by 5.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 153,650 shares of the company’s stock worth $7,280,000 after buying an additional 8,472 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in Invesco Semiconductors ETF by 1.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 101,200 shares of the company’s stock worth $4,795,000 after buying an additional 1,924 shares during the period. Finally, Royal Bank of Canada raised its stake in Invesco Semiconductors ETF by 16.9% during the 1st quarter. Royal Bank of Canada now owns 91,275 shares of the company’s stock worth $4,325,000 after buying an additional 13,163 shares during the period.

Invesco Semiconductors ETF Price Performance

NYSEARCA PSI opened at $67.17 on Friday. The firm has a market cap of $799.99 million, a P/E ratio of 29.05 and a beta of 1.39. The stock’s 50-day moving average is $61.96 and its 200-day moving average is $54.74. Invesco Semiconductors ETF has a one year low of $37.64 and a one year high of $67.36.

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.