Ulland Investment Advisors LLC Sells 2,323 Shares of Invesco Semiconductors ETF (NYSEARCA:PSI)

Ulland Investment Advisors LLC decreased its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 11.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,551 shares of the company’s stock after selling 2,323 shares during the quarter. Invesco Semiconductors ETF accounts for about 0.7% of Ulland Investment Advisors LLC’s investment portfolio, making the stock its 27th largest position. Ulland Investment Advisors LLC owned approximately 0.13% of Invesco Semiconductors ETF worth $1,074,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. grew its holdings in Invesco Semiconductors ETF by 141.2% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,025 shares of the company’s stock valued at $64,000 after purchasing an additional 600 shares during the period. FMR LLC lifted its position 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 buying an additional 882 shares in the last quarter. Benjamin Edwards Inc. bought a new position in shares of Invesco Semiconductors ETF during the 3rd quarter valued at approximately $233,000. Golden State Equity Partners increased its holdings in Invesco Semiconductors ETF by 21.4% in the 3rd quarter. Golden State Equity Partners now owns 4,460 shares of the company’s stock worth $257,000 after acquiring an additional 785 shares in the last quarter. Finally, Sunbelt Securities Inc. bought a new stake in Invesco Semiconductors ETF during the 2nd quarter worth approximately $292,000.

Invesco Semiconductors ETF Price Performance

Shares of NYSEARCA:PSI opened at $63.64 on Tuesday. The company has a market capitalization of $901.78 million, a P/E ratio of 7.37 and a beta of 1.77. Invesco Semiconductors ETF has a 1-year low of $46.60 and a 1-year high of $67.33. The firm’s 50 day simple moving average is $58.59 and its two-hundred day simple moving average is $57.49.

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.