🔴 PSI is trading 1.7% down today amid profit-taking after semiconductor rally

PSI is trading 1.7% down at $156.74 as the fund undergoes short-term consolidation following a sharp multi-day surge driven by semiconductor and AI optimism.

• The Invesco Semiconductors ETF has gained over 100% in 2026 and jumped more than 5% on July 9.
• Today’s move appears to be driven by profit-taking rather than a reaction to new, PSI-specific news.
• The pullback follows a period of significant outperformance in the broader semiconductor and AI sectors.