WMG Financial Advisors LLC bought a new stake in Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 4,302 shares of the company’s stock, valued at approximately $201,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of PNQI. HighTower Advisors LLC lifted its stake in shares of Invesco NASDAQ Internet ETF by 0.8% during the 3rd quarter. HighTower Advisors LLC now owns 576,258 shares of the company’s stock worth $25,050,000 after purchasing an additional 4,833 shares during the period. Jane Street Group LLC lifted its stake in shares of Invesco NASDAQ Internet ETF by 39.0% during 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 during the period. Bank of Montreal Can purchased a new position in shares of Invesco NASDAQ Internet ETF during the 3rd quarter worth $5,401,000. Truist Financial Corp lifted its stake in shares of Invesco NASDAQ Internet ETF by 0.3% during the 4th quarter. Truist Financial Corp now owns 73,784 shares of the company’s stock worth $3,445,000 after purchasing an additional 228 shares during the period. Finally, Grant GrossMendelsohn LLC purchased a new position in shares of Invesco NASDAQ Internet ETF during the 4th quarter worth $3,151,000.
Invesco NASDAQ Internet ETF Stock Down 1.8 %
Shares of Invesco NASDAQ Internet ETF stock opened at $47.24 on Tuesday. Invesco NASDAQ Internet ETF has a fifty-two week low of $36.00 and a fifty-two week high of $51.32. The firm has a market cap of $840.40 million, a PE ratio of 34.78 and a beta of 1.15. The business’s fifty day moving average is $48.53 and its two-hundred day moving average is $45.78.
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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