Oppenheimer & Co. Inc. Sells 5,410 Shares of Invesco Semiconductors ETF $PSI

Oppenheimer & Co. Inc. trimmed its position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 50.3% during the third quarter, HoldingsChannel reports. The institutional investor owned 5,353 shares of the company’s stock after selling 5,410 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco Semiconductors ETF were worth $376,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada increased its stake in Invesco Semiconductors ETF by 16.9% in the first quarter. Royal Bank of Canada now owns 91,275 shares of the company’s stock valued at $4,325,000 after acquiring an additional 13,163 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Invesco Semiconductors ETF in the 1st quarter valued at $540,000. CWM LLC increased its stake in shares of Invesco Semiconductors ETF by 31.7% in the 2nd quarter. CWM LLC now owns 9,664 shares of the company’s stock valued at $579,000 after purchasing an additional 2,326 shares during the last quarter. Strategic Blueprint LLC raised its holdings in shares of Invesco Semiconductors ETF by 1.9% during the 2nd quarter. Strategic Blueprint LLC now owns 25,044 shares of the company’s stock worth $1,502,000 after buying an additional 473 shares in the last quarter. Finally, WNY Asset Management LLC acquired a new stake in Invesco Semiconductors ETF in the second quarter valued at about $235,000.

Invesco Semiconductors ETF Stock Down 0.5%

Invesco Semiconductors ETF stock opened at $99.89 on Thursday. The stock has a market cap of $1.28 billion, a PE ratio of 29.05 and a beta of 1.57. Invesco Semiconductors ETF has a 12-month low of $37.64 and a 12-month high of $103.99. The business’s 50-day moving average price is $89.18 and its two-hundred day moving average price is $77.04.

About Invesco Semiconductors ETF

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. The Index consists of stocks of 30 United States semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors.