National Bank of Canada FI Sells 767 Shares of Invesco Semiconductors ETF (NYSEARCA:PSI)

National Bank of Canada FI lowered its holdings in Invesco Semiconductors ETF (NYSEARCA:PSI) by 1.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 78,662 shares of the company’s stock after selling 767 shares during the quarter. National Bank of Canada FI owned 0.56% of Invesco Semiconductors ETF worth $4,525,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in PSI. Cetera Advisors LLC bought a new stake in Invesco Semiconductors ETF during the first quarter worth about $207,000. Belpointe Asset Management LLC lifted its stake in Invesco Semiconductors ETF by 84.4% during the second quarter. Belpointe Asset Management LLC now owns 10,595 shares of the company’s stock worth $665,000 after purchasing an additional 4,850 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Invesco Semiconductors ETF by 6.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 58,511 shares of the company’s stock worth $3,675,000 after buying an additional 3,296 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its stake in shares of Invesco Semiconductors ETF by 141.2% in the 2nd 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 in the last quarter. Finally, Beck Capital Management LLC bought a new stake in shares of Invesco Semiconductors ETF during the second quarter worth $2,052,000.

Invesco Semiconductors ETF Trading Down 1.1 %

Shares of PSI stock opened at $58.62 on Friday. Invesco Semiconductors ETF has a 1-year low of $45.60 and a 1-year high of $67.33. The stock has a 50-day moving average of $56.96 and a 200-day moving average of $57.85. The stock has a market cap of $830.65 million, a price-to-earnings ratio of 7.37 and a beta of 1.77.

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.