Concourse Financial Group Securities Inc. Boosts Stock Holdings in Invesco Semiconductors ETF (NYSEARCA:PSI)

Concourse Financial Group Securities Inc. increased its stake in Invesco Semiconductors ETF (NYSEARCA:PSI) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,625 shares of the company’s stock after acquiring an additional 799 shares during the period. Concourse Financial Group Securities Inc. owned approximately 0.45% of Invesco Semiconductors ETF worth $3,248,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in shares of Invesco Semiconductors ETF by 177.6% in the 3rd quarter. LPL Financial LLC now owns 515,672 shares of the company’s stock valued at $22,071,000 after buying an additional 329,928 shares during the period. HighTower Advisors LLC lifted its stake in Invesco Semiconductors ETF by 211.2% in the third quarter. HighTower Advisors LLC now owns 458,759 shares of the company’s stock worth $19,642,000 after acquiring an additional 311,320 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Invesco Semiconductors ETF by 200.7% in the third quarter. Envestnet Asset Management Inc. now owns 213,785 shares of the company’s stock worth $9,150,000 after acquiring an additional 142,684 shares during the last quarter. UBS Group AG grew its holdings in Invesco Semiconductors ETF by 194.8% during the 3rd quarter. UBS Group AG now owns 186,420 shares of the company’s stock worth $7,979,000 after acquiring an additional 123,192 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in shares of Invesco Semiconductors ETF by 2.3% in the 4th quarter. Private Advisor Group LLC now owns 176,623 shares of the company’s stock valued at $8,743,000 after purchasing an additional 4,012 shares during the last quarter.

Invesco Semiconductors ETF Stock Performance

NYSEARCA PSI traded up $0.08 during trading on Thursday, reaching $55.77. 39,970 shares of the company’s stock were exchanged, compared to its average volume of 69,397. The company has a 50 day moving average price of $55.04 and a two-hundred day moving average price of $49.70. The stock has a market cap of $790.26 million, a P/E ratio of 7.37 and a beta of 1.77. Invesco Semiconductors ETF has a 1 year low of $36.62 and a 1 year high of $58.59.

Invesco Semiconductors ETF 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.