Efficient Advisors LLC Raises Holdings in Invesco NASDAQ Internet ETF $PNQI

Efficient Advisors LLC lifted its position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 35.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,290 shares of the company’s stock after purchasing an additional 7,956 shares during the period. Efficient Advisors LLC owned about 0.20% of Invesco NASDAQ Internet ETF worth $1,581,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. AE Wealth Management LLC grew its stake in Invesco NASDAQ Internet ETF by 15.0% during the 2nd quarter. AE Wealth Management LLC now owns 1,677 shares of the company’s stock worth $88,000 after buying an additional 219 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of Invesco NASDAQ Internet ETF during the second quarter worth approximately $78,000. Envestnet Asset Management Inc. increased its holdings in shares of Invesco NASDAQ Internet ETF by 43.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 26,133 shares of the company’s stock valued at $1,364,000 after acquiring an additional 7,945 shares during the period. Stratos Wealth Partners LTD. purchased a new stake in Invesco NASDAQ Internet ETF in the 2nd quarter valued at $298,000. Finally, WMG Financial Advisors LLC raised its position in Invesco NASDAQ Internet ETF by 5.9% in the 2nd quarter. WMG Financial Advisors LLC now owns 5,798 shares of the company’s stock valued at $303,000 after purchasing an additional 324 shares during the last quarter.

Invesco NASDAQ Internet ETF Stock Performance

Shares of Invesco NASDAQ Internet ETF stock opened at $54.00 on Friday. The company has a market capitalization of $778.14 million, a P/E ratio of 30.49 and a beta of 1.21. Invesco NASDAQ Internet ETF has a 1 year low of $37.75 and a 1 year high of $57.22. The company’s fifty day moving average is $55.55 and its two-hundred day moving average is $52.29.

Invesco NASDAQ Internet ETF 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.