Millington Financial Advisors LLC Increases Stock Position in Invesco Semiconductors ETF (NYSEARCA:PSI)

Millington Financial Advisors LLC raised its position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 0.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 89,019 shares of the company’s stock after purchasing an additional 802 shares during the quarter. Invesco Semiconductors ETF accounts for about 3.1% of Millington Financial Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Millington Financial Advisors LLC’s holdings in Invesco Semiconductors ETF were worth $5,231,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PSI. JPMorgan Chase & Co. boosted its position in shares of Invesco Semiconductors ETF by 625.0% during the third quarter. JPMorgan Chase & Co. now owns 47,674 shares of the company’s stock valued at $2,742,000 after buying an additional 41,098 shares during the last quarter. Sanctuary Advisors LLC bought a new position in Invesco Semiconductors ETF during the 3rd quarter valued at about $383,000. FMR LLC boosted its holdings in shares of Invesco Semiconductors ETF by 43.6% during the 3rd quarter. FMR LLC now owns 2,906 shares of the company’s stock valued at $167,000 after acquiring an additional 882 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Invesco Semiconductors ETF in the third quarter worth approximately $1,630,000. Finally, Janney Montgomery Scott LLC purchased a new position in shares of Invesco Semiconductors ETF during the fourth quarter valued at approximately $297,000.

Invesco Semiconductors ETF Stock Down 2.7 %

Shares of Invesco Semiconductors ETF stock opened at $57.52 on Tuesday. Invesco Semiconductors ETF has a twelve month low of $46.60 and a twelve month high of $67.33. The company’s 50 day moving average is $60.07 and its 200 day moving average is $57.69. The company has a market cap of $723.60 million, a price-to-earnings ratio of 30.13 and a beta of 1.35.

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.