Captrust Financial Advisors Sells 5,844 Shares of Invesco Semiconductors ETF (NYSEARCA:PSI)

Captrust Financial Advisors cut its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 2.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 193,341 shares of the company’s stock after selling 5,844 shares during the quarter. Captrust Financial Advisors owned 1.36% of Invesco Semiconductors ETF worth $11,121,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Cetera Advisors LLC bought a new position in Invesco Semiconductors ETF during the 1st quarter valued at about $207,000. EWG Elevate Inc. purchased a new position in Invesco Semiconductors ETF during the 2nd quarter valued at $1,311,000. Belpointe Asset Management LLC grew its position in Invesco Semiconductors ETF by 84.4% in the 2nd quarter. Belpointe Asset Management LLC now owns 10,595 shares of the company’s stock valued at $665,000 after acquiring an additional 4,850 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in Invesco Semiconductors ETF by 6.0% in the second quarter. Commonwealth Equity Services LLC now owns 58,511 shares of the company’s stock worth $3,675,000 after purchasing an additional 3,296 shares during the period. Finally, Newbridge Financial Services Group Inc. lifted its position 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 worth $64,000 after purchasing an additional 600 shares during the last quarter.

Invesco Semiconductors ETF Trading Up 2.0 %

Shares of PSI opened at $56.82 on Monday. The firm has a market capitalization of $805.14 million, a P/E ratio of 7.37 and a beta of 1.77. Invesco Semiconductors ETF has a 12-month low of $42.76 and a 12-month high of $67.33. The firm has a fifty day moving average price of $56.60 and a 200-day moving average price of $57.85.

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.