PFG Advisors Sells 310 Shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

PFG Advisors trimmed its position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 0.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 56,488 shares of the company’s stock after selling 310 shares during the period. PFG Advisors’ holdings in Invesco NASDAQ Internet ETF were worth $2,454,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Janney Montgomery Scott LLC bought a new stake in Invesco NASDAQ Internet ETF during the 1st quarter valued at approximately $202,000. Concord Investment Counsel Inc. bought a new stake in shares of Invesco NASDAQ Internet ETF in the 1st quarter worth approximately $228,000. SageView Advisory Group LLC bought a new stake in shares of Invesco NASDAQ Internet ETF in the 4th quarter worth approximately $238,000. Western Financial Corp CA boosted its position in shares of Invesco NASDAQ Internet ETF by 5.0% in the 2nd quarter. Western Financial Corp CA now owns 8,656 shares of the company’s stock worth $355,000 after purchasing an additional 413 shares in the last quarter. Finally, Prudent Investors Network Inc. bought a new stake in shares of Invesco NASDAQ Internet ETF in the 1st quarter worth approximately $399,000.

Invesco NASDAQ Internet ETF Stock Up 0.1 %

Shares of PNQI opened at $43.88 on Thursday. The business’s 50 day moving average price is $41.74 and its 200-day moving average price is $40.59. Invesco NASDAQ Internet ETF has a 52 week low of $28.84 and a 52 week high of $44.30. The stock has a market cap of $810.90 million, a P/E ratio of 8.95 and a beta of 1.15.

About Invesco NASDAQ Internet ETF

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.