Avitas Wealth Management LLC reduced its holdings in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Free Report) by 5.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,704 shares of the company’s stock after selling 530 shares during the quarter. Avitas Wealth Management LLC owned approximately 0.05% of Invesco NASDAQ Internet ETF worth $453,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. HighTower Advisors LLC raised its holdings in Invesco NASDAQ Internet ETF by 0.8% in the 3rd quarter. HighTower Advisors LLC now owns 576,258 shares of the company’s stock valued at $25,050,000 after acquiring an additional 4,833 shares in the last quarter. Jane Street Group LLC increased its holdings in Invesco NASDAQ Internet ETF by 39.0% in the 3rd quarter. Jane Street Group LLC now owns 373,571 shares of the company’s stock worth $16,232,000 after purchasing an additional 104,872 shares in the last quarter. Bank of Montreal Can acquired a new position in Invesco NASDAQ Internet ETF in the 3rd quarter worth about $5,401,000. Raymond James & Associates increased its holdings in Invesco NASDAQ Internet ETF by 0.7% in the 3rd quarter. Raymond James & Associates now owns 102,343 shares of the company’s stock worth $4,447,000 after purchasing an additional 689 shares in the last quarter. Finally, Grant GrossMendelsohn LLC acquired a new position in Invesco NASDAQ Internet ETF in the 4th quarter worth about $3,151,000.
Invesco NASDAQ Internet ETF Stock Down 1.1 %
Shares of PNQI opened at $49.63 on Thursday. Invesco NASDAQ Internet ETF has a 12-month low of $36.00 and a 12-month high of $50.38. The business has a 50-day simple moving average of $48.01 and a two-hundred day simple moving average of $44.42. The stock has a market cap of $907.24 million, a PE ratio of 8.95 and a beta of 1.15.
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.
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