Invesco Semiconductors ETF (NYSEARCA:PSI) Shares Sold by Carr Financial Group Corp

Carr Financial Group Corp lessened its stake in Invesco Semiconductors ETF (NYSEARCA:PSI) by 19.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,844 shares of the company’s stock after selling 1,652 shares during the period. Carr Financial Group Corp’s holdings in Invesco Semiconductors ETF were worth $396,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of PSI. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco Semiconductors ETF by 3.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 37,390 shares of the company’s stock valued at $2,349,000 after buying an additional 1,359 shares during the period. Sunbelt Securities Inc. acquired a new position in shares of Invesco Semiconductors ETF in the 2nd quarter valued at about $292,000. Newbridge Financial Services Group Inc. lifted its holdings in shares of Invesco Semiconductors ETF by 141.2% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,025 shares of the company’s stock valued at $64,000 after buying an additional 600 shares during the period. Concourse Financial Group Securities Inc. lifted its holdings in shares of Invesco Semiconductors ETF by 8.8% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 162,486 shares of the company’s stock valued at $9,346,000 after buying an additional 13,171 shares during the period. Finally, Koshinski Asset Management Inc. lifted its holdings in shares of Invesco Semiconductors ETF by 6.0% in the 3rd quarter. Koshinski Asset Management Inc. now owns 9,603 shares of the company’s stock valued at $552,000 after buying an additional 541 shares during the period.

Invesco Semiconductors ETF Trading Down 2.1 %

NYSEARCA PSI opened at $63.17 on Friday. The stock has a market capitalization of $895.12 million, a price-to-earnings ratio of 7.37 and a beta of 1.77. Invesco Semiconductors ETF has a twelve month low of $46.60 and a twelve month high of $67.33. The stock has a 50-day moving average of $59.31 and a 200 day moving average of $57.57.

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.