Darwin Advisors LLC Invests $4.72 Million in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Darwin Advisors LLC bought a new position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) during the 3rd quarter, Holdings Channel reports. The firm bought 22,895 shares of the company’s stock, valued at approximately $4,722,000. Invesco NASDAQ Internet ETF accounts for about 1.0% of Darwin Advisors LLC’s investment portfolio, making the stock its 23rd largest holding.

Several other hedge funds have also made changes to their positions in the company. Country Trust Bank bought a new stake in shares of Invesco NASDAQ Internet ETF during the third quarter worth $84,000. FormulaFolio Investments LLC bought a new stake in shares of Invesco NASDAQ Internet ETF during the third quarter worth $206,000. Vigilare Wealth Management acquired a new position in shares of Invesco NASDAQ Internet ETF during the third quarter valued at $207,000. Raymond James Trust N.A. lifted its stake in shares of Invesco NASDAQ Internet ETF by 5.0% during the third quarter. Raymond James Trust N.A. now owns 1,790 shares of the company’s stock valued at $369,000 after acquiring an additional 85 shares during the period. Finally, RDA Financial Network lifted its stake in shares of Invesco NASDAQ Internet ETF by 5.4% during the third quarter. RDA Financial Network now owns 1,375 shares of the company’s stock valued at $284,000 after acquiring an additional 70 shares during the period.

Shares of PNQI opened at $216.46 on Friday. Invesco NASDAQ Internet ETF has a 12-month low of $108.12 and a 12-month high of $224.07. The stock’s fifty day simple moving average is $206.89 and its 200-day simple moving average is $177.75.

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Institutional Ownership by Quarter for Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

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