McGuire Investment Group LLC Lowers Stock Holdings in Invesco Semiconductors ETF (NYSEARCA:PSI)

McGuire Investment Group LLC trimmed its stake in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 3.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,698 shares of the company’s stock after selling 169 shares during the period. McGuire Investment Group LLC’s holdings in Invesco Semiconductors ETF were worth $272,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. boosted its stake in shares of Invesco Semiconductors ETF by 141.2% during 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 in the last quarter. FMR LLC raised its position in shares of 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 acquiring an additional 882 shares during the period. Benjamin Edwards Inc. purchased a new position in Invesco Semiconductors ETF in the 3rd quarter valued at about $233,000. Golden State Equity Partners lifted its holdings in Invesco Semiconductors ETF by 21.4% in the 3rd quarter. Golden State Equity Partners now owns 4,460 shares of the company’s stock valued at $257,000 after purchasing an additional 785 shares in the last quarter. Finally, Sunbelt Securities Inc. acquired a new position in Invesco Semiconductors ETF during the second quarter worth $292,000.

Invesco Semiconductors ETF Price Performance

NYSEARCA:PSI opened at $63.17 on Friday. The business’s fifty day moving average price is $59.31 and its 200 day moving average price is $57.57. The firm has a market capitalization of $895.12 million, a PE ratio of 7.37 and a beta of 1.77. Invesco Semiconductors ETF has a 12 month low of $46.60 and a 12 month high of $67.33.

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.