Capital Wealth Alliance LLC Has $862,000 Holdings in Invesco Semiconductors ETF (NYSEARCA:PSI)

Capital Wealth Alliance LLC trimmed its position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 14.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 14,985 shares of the company’s stock after selling 2,496 shares during the period. Capital Wealth Alliance LLC’s holdings in Invesco Semiconductors ETF were worth $862,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Cetera Advisors LLC acquired a new stake in Invesco Semiconductors ETF in the first quarter valued at approximately $207,000. EWG Elevate Inc. acquired a new position in Invesco Semiconductors ETF during the second quarter worth $1,311,000. Belpointe Asset Management LLC raised its holdings in Invesco Semiconductors ETF by 84.4% during the second quarter. Belpointe Asset Management LLC now owns 10,595 shares of the company’s stock valued at $665,000 after buying an additional 4,850 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of 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 buying an additional 3,296 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. boosted its stake in shares of Invesco Semiconductors ETF by 141.2% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,025 shares of the company’s stock worth $64,000 after acquiring an additional 600 shares in the last quarter.

Invesco Semiconductors ETF Price Performance

Shares of PSI stock traded up $0.22 during trading on Monday, reaching $54.86. The company had a trading volume of 15,367 shares, compared to its average volume of 86,890. The company has a market capitalization of $777.37 million, a PE ratio of 7.37 and a beta of 1.77. The firm’s 50 day simple moving average is $55.95 and its two-hundred day simple moving average is $57.56. Invesco Semiconductors ETF has a one year low of $39.93 and a one year high of $67.33.

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.