Invesco Semiconductors ETF (NYSEARCA:PSI – Get Free Report) shares saw strong trading volume on Friday . 79,431 shares were traded during trading, an increase of 44% from the previous session’s volume of 55,342 shares.The stock last traded at $63.50 and had previously closed at $62.23.
Invesco Semiconductors ETF Stock Performance
The firm’s 50-day simple moving average is $58.46 and its 200 day simple moving average is $57.54. The company has a market cap of $901.78 million, a P/E ratio of 7.37 and a beta of 1.77.
Hedge Funds Weigh In On Invesco Semiconductors ETF
Hedge funds have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC bought a new stake in shares of Invesco Semiconductors ETF in the 3rd quarter valued at about $383,000. FMR LLC grew its holdings in Invesco Semiconductors ETF by 43.6% during the third quarter. FMR LLC now owns 2,906 shares of the company’s stock valued at $167,000 after purchasing an additional 882 shares during the period. Jane Street Group LLC bought a new stake in Invesco Semiconductors ETF in the third quarter valued at approximately $1,630,000. Newbridge Financial Services Group Inc. raised its holdings in Invesco Semiconductors ETF by 141.2% in 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 period. Finally, Beck Capital Management LLC bought a new position in shares of Invesco Semiconductors ETF during the second quarter worth $2,052,000.
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.
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