Invesco Semiconductors ETF (NYSEARCA:PSI) Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. reduced its position in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 9.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,686 shares of the company’s stock after selling 917 shares during the period. Koshinski Asset Management Inc.’s holdings in Invesco Semiconductors ETF were worth $503,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Newbridge Financial Services Group Inc. lifted its position in shares of 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 worth $64,000 after purchasing an additional 600 shares in the last quarter. FMR LLC lifted its position in shares of Invesco Semiconductors ETF by 43.6% during the third quarter. FMR LLC now owns 2,906 shares of the company’s stock worth $167,000 after purchasing an additional 882 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in shares of Invesco Semiconductors ETF during the third quarter worth $233,000. Golden State Equity Partners lifted its position in shares of Invesco Semiconductors ETF by 21.4% during the third quarter. Golden State Equity Partners now owns 4,460 shares of the company’s stock worth $257,000 after purchasing an additional 785 shares in the last quarter. Finally, Sunbelt Securities Inc. acquired a new stake in Invesco Semiconductors ETF in the second quarter valued at $292,000.

Invesco Semiconductors ETF Price Performance

PSI opened at $64.98 on Thursday. The stock has a market capitalization of $920.77 million, a PE ratio of 7.37 and a beta of 1.77. The firm’s fifty day moving average price is $58.93 and its 200 day moving average price is $57.54. Invesco Semiconductors ETF has a 12-month low of $46.60 and a 12-month high of $67.33.

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.