Cwm LLC Buys 2,326 Shares of Invesco Semiconductors ETF $PSI

Cwm LLC boosted its stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 31.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,664 shares of the company’s stock after purchasing an additional 2,326 shares during the quarter. Cwm LLC owned about 0.08% of Invesco Semiconductors ETF worth $579,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PSI. Grimes & Company Inc. bought a new stake in shares of Invesco Semiconductors ETF in the second quarter valued at about $513,000. Wealthcare Advisory Partners LLC bought a new stake in shares of Invesco Semiconductors ETF in the second quarter valued at about $249,000. Farther Finance Advisors LLC boosted its position in shares of Invesco Semiconductors ETF by 458.3% in the second quarter. Farther Finance Advisors LLC now owns 1,005 shares of the company’s stock valued at $60,000 after acquiring an additional 825 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Invesco Semiconductors ETF in the second quarter valued at about $202,000. Finally, Jane Street Group LLC bought a new stake in shares of Invesco Semiconductors ETF in the first quarter valued at about $540,000.

Invesco Semiconductors ETF Stock Performance

Shares of Invesco Semiconductors ETF stock opened at $74.76 on Friday. The firm has a 50-day moving average of $68.06 and a 200-day moving average of $59.00. The stock has a market cap of $899.36 million, a PE ratio of 29.05 and a beta of 1.39. Invesco Semiconductors ETF has a 52-week low of $37.64 and a 52-week high of $75.43.

About Invesco Semiconductors ETF

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.