PSMC (Invesco Conservative Multi-Asset Allocation ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.

The fund seeks to achieve its investment objective by allocating its assets using a conservative investment style that seeks to maximize the benefits of diversification, which focuses on investing a greater portion of fund assets in Fixed Income ETFs, but also provides some exposure to underlying ETFs that invest primarily in Equity ETFs. Specifically, the fund's target allocation is to invest approximately 5%-35% of its total assets in Equity ETFs and approximately 65%-95% of its total assets in Fixed Income ETFs.
Is PSMC's expense ratio expensive, average, or a steal for its category?
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BOISE, Idaho, March 15, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced it has completed the acquisition and assumed ownership of Powerchip Semiconductor Manufacturing Corporation's (PSMC) P5 site in Tongluo, Miaoli County, Taiwan, under the acquisition agreement previously announced on January 17, 2026. The new site will complement Micron's existing operations in Taiwan as an extension of the company's vertically integrated mega campus in Taichung, located approximately 15 miles away.

BOISE, Idaho, Jan. 17, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced it has signed an exclusive Letter of Intent (LOI) to acquire Powerchip Semiconductor Manufacturing Corporation's (PSMC) P5 fabrication site in Tongluo, Miaoli County, Taiwan, for total cash consideration of US$1.8 billion. The acquisition includes an existing 300mm fab cleanroom of 300,000 square feet and will further position Micron to address growing global demand for memory solutions.

Navitas is pivoting from consumer chargers to GaN solutions for AI data centers, leveraging Nvidia demand and Taiwan's foundry ecosystem post-TSMC exit. Securing PSMC as a foundry partner and maintaining access to Taiwan's specialized GaN testing ensures operational resilience and supply chain stability. Risks include execution at PSMC, aggressive Chinese competitors like Innoscience, pricing pressures, and heavy reliance on Nvidia's roadmap.

Next-phase strategy expected to strengthen supply chain, drive innovation, and improve cost efficiency—supporting GaN's ramp into AI data centers, EVs, solar, and home appliances.

It was a busy week for ETF launches and closures. A total of 15 ETFs launched during the week shortened by the Juneteenth holiday, defying the typically slow launch count for weeks surrounding three-day weekends.