PFG Advisors decreased its holdings in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Free Report) by 0.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,488 shares of the company’s stock after selling 310 shares during the period. PFG Advisors owned 0.31% of Invesco NASDAQ Internet ETF worth $2,454,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Janney Montgomery Scott LLC bought a new stake in shares of Invesco NASDAQ Internet ETF during the 1st quarter valued at about $202,000. Concord Investment Counsel Inc. bought a new position in Invesco NASDAQ Internet ETF in the first quarter worth approximately $228,000. SageView Advisory Group LLC bought a new position in Invesco NASDAQ Internet ETF in the fourth quarter worth approximately $238,000. Western Financial Corp CA boosted its holdings in Invesco NASDAQ Internet ETF by 5.0% in the second quarter. Western Financial Corp CA now owns 8,656 shares of the company’s stock worth $355,000 after acquiring an additional 413 shares in the last quarter. Finally, Prudent Investors Network Inc. bought a new position in Invesco NASDAQ Internet ETF in the first quarter worth approximately $399,000.
Invesco NASDAQ Internet ETF Stock Performance
Shares of NASDAQ:PNQI opened at $43.88 on Thursday. The business’s 50 day simple moving average is $41.74 and its two-hundred day simple moving average is $40.59. The firm has a market cap of $810.90 million, a P/E ratio of 8.95 and a beta of 1.15. Invesco NASDAQ Internet ETF has a 52-week low of $28.84 and a 52-week high of $44.30.
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.
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