Stifel Financial Corp Decreases Position in Invesco Semiconductors ETF (NYSEARCA:PSI)

Stifel Financial Corp decreased its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 71.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,965 shares of the company’s stock after selling 37,230 shares during the period. Stifel Financial Corp’s holdings in Invesco Semiconductors ETF were worth $861,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Benjamin Edwards Inc. purchased a new position in shares of Invesco Semiconductors ETF in the 3rd quarter valued at about $233,000. FMR LLC boosted its holdings in Invesco Semiconductors ETF by 43.6% in 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 in the last quarter. WESPAC Advisors LLC purchased a new position in Invesco Semiconductors ETF in the third quarter valued at approximately $403,000. KKM Financial LLC raised its holdings in Invesco Semiconductors ETF by 1.8% during the third quarter. KKM Financial LLC now owns 12,340 shares of the company’s stock worth $710,000 after purchasing an additional 215 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Invesco Semiconductors ETF by 111.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 21,043 shares of the company’s stock worth $1,210,000 after buying an additional 11,095 shares during the last quarter.

Invesco Semiconductors ETF Price Performance

NYSEARCA PSI opened at $59.91 on Wednesday. The firm’s fifty day moving average price is $57.14 and its 200 day moving average price is $57.80. Invesco Semiconductors ETF has a 12 month low of $45.60 and a 12 month high of $67.33. The company has a market capitalization of $848.92 million, a price-to-earnings ratio of 7.37 and a beta of 1.77.

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.