Koshinski Asset Management Inc. Lowers Position in Invesco Semiconductors ETF (NYSEARCA:PSI)

Koshinski Asset Management Inc. trimmed its stake in Invesco Semiconductors ETF (NYSEARCA:PSI) by 9.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,686 shares of the company’s stock after selling 917 shares during the quarter. Koshinski Asset Management Inc. owned about 0.06% of Invesco Semiconductors ETF worth $503,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. KKM Financial LLC lifted its position in Invesco Semiconductors ETF by 1.8% during the third quarter. KKM Financial LLC now owns 12,340 shares of the company’s stock valued at $710,000 after buying an additional 215 shares in the last quarter. Western Financial Corp CA lifted its position in Invesco Semiconductors ETF by 3.7% during the third quarter. Western Financial Corp CA now owns 6,597 shares of the company’s stock valued at $379,000 after buying an additional 237 shares in the last quarter. Valley Brook Capital Group Inc. lifted its position in Invesco Semiconductors ETF by 5.5% during the third quarter. Valley Brook Capital Group Inc. now owns 10,394 shares of the company’s stock valued at $598,000 after buying an additional 540 shares in the last quarter. Newbridge Financial Services Group Inc. lifted its position 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 buying an additional 600 shares in the last quarter. Finally, Golden State Equity Partners lifted its position in Invesco Semiconductors ETF by 21.4% during the third quarter. Golden State Equity Partners now owns 4,460 shares of the company’s stock valued at $257,000 after buying an additional 785 shares in the last quarter.

Invesco Semiconductors ETF Stock Up 0.7 %

Shares of PSI stock opened at $64.98 on Thursday. The stock has a market cap of $920.77 million, a price-to-earnings ratio of 7.37 and a beta of 1.77. Invesco Semiconductors ETF has a fifty-two week low of $46.60 and a fifty-two week high of $67.33. The firm’s 50 day moving average price is $58.93 and its two-hundred day moving average price is $57.54.

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.