Invesco NASDAQ Internet ETF (NASDAQ:PNQI) Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC decreased its stake in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 2.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,675 shares of the company’s stock after selling 500 shares during the quarter. Sowell Financial Services LLC owned 0.09% of Invesco NASDAQ Internet ETF worth $779,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hemington Wealth Management boosted its position in Invesco NASDAQ Internet ETF by 47.3% during the 4th quarter. Hemington Wealth Management now owns 866 shares of the company’s stock worth $40,000 after acquiring an additional 278 shares during the period. WMG Financial Advisors LLC bought a new position in shares of Invesco NASDAQ Internet ETF in the 4th quarter valued at approximately $201,000. TruWealth Advisors LLC bought a new position in Invesco NASDAQ Internet ETF in the 4th quarter worth approximately $202,000. Bank Hapoalim BM bought a new position in Invesco NASDAQ Internet ETF in the 4th quarter worth approximately $215,000. Finally, KKM Financial LLC increased its position in Invesco NASDAQ Internet ETF by 4.4% in the 3rd quarter. KKM Financial LLC now owns 7,200 shares of the company’s stock worth $313,000 after buying an additional 303 shares during the period.

Invesco NASDAQ Internet ETF Stock Down 0.3 %

Shares of NASDAQ PNQI opened at $44.60 on Wednesday. The business’s 50 day moving average is $48.37 and its two-hundred day moving average is $46.00. The company has a market cap of $793.43 million, a P/E ratio of 29.10 and a beta of 1.19. Invesco NASDAQ Internet ETF has a 12 month low of $36.00 and a 12 month high of $51.32.

Invesco NASDAQ Internet ETF Company Profile

The Invesco NASDAQ Internet ETF (PNQI) is an exchange-traded fund that is based on the NASDAQ Internet index, a modified-market-cap-weighted index of Internet companies listed in the US. PNQI was launched on Jun 12, 2008 and is managed by Invesco.