Artesa Financial Group LLC Takes Position in Invesco Semiconductors ETF $PSI

Artesa Financial Group LLC acquired a new stake in Invesco Semiconductors ETF (NYSEARCA:PSI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 63,518 shares of the company’s stock, valued at approximately $5,009,000. Invesco Semiconductors ETF makes up about 5.2% of Artesa Financial Group LLC’s holdings, making the stock its 7th biggest position.

A number of other institutional investors have also modified their holdings of PSI. HighTower Advisors LLC grew its stake in shares of Invesco Semiconductors ETF by 205.5% in the fourth quarter. HighTower Advisors LLC now owns 543,240 shares of the company’s stock valued at $42,840,000 after buying an additional 365,438 shares in the last quarter. Warner Group LLC acquired a new stake in shares of Invesco Semiconductors ETF in the third quarter valued at $13,566,000. Ameriprise Financial Inc. grew its stake in shares of Invesco Semiconductors ETF by 833.9% in the second quarter. Ameriprise Financial Inc. now owns 151,834 shares of the company’s stock valued at $9,129,000 after buying an additional 135,576 shares in the last quarter. Trek Financial LLC acquired a new stake in shares of Invesco Semiconductors ETF in the fourth quarter valued at $5,457,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco Semiconductors ETF by 199.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 101,326 shares of the company’s stock valued at $7,859,000 after buying an additional 67,534 shares in the last quarter.

Invesco Semiconductors ETF Trading Down 0.4%

Shares of NYSEARCA PSI opened at $151.94 on Wednesday. Invesco Semiconductors ETF has a twelve month low of $54.66 and a twelve month high of $165.18. The stock has a fifty day simple moving average of $133.63 and a 200-day simple moving average of $105.01. The stock has a market capitalization of $2.27 billion, a PE ratio of 29.05 and a beta of 1.80.

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