Onyx Bridge Wealth Group LLC Reduces Stock Position in Invesco NASDAQ Internet ETF $PNQI

Onyx Bridge Wealth Group LLC cut its holdings in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 23.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,915 shares of the company’s stock after selling 3,021 shares during the quarter. Onyx Bridge Wealth Group LLC owned approximately 0.07% of Invesco NASDAQ Internet ETF worth $518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of PNQI. Ameritas Advisory Services LLC purchased a new stake in Invesco NASDAQ Internet ETF in the 2nd quarter worth approximately $34,000. MAI Capital Management lifted its stake in Invesco NASDAQ Internet ETF by 124.5% in the first quarter. MAI Capital Management now owns 988 shares of the company’s stock worth $44,000 after acquiring an additional 548 shares during the period. Atlantic Private Wealth LLC bought a new stake in Invesco NASDAQ Internet ETF in the first quarter valued at $88,000. Beaumont Financial Advisors LLC purchased a new position in Invesco NASDAQ Internet ETF during the 2nd quarter valued at $209,000. Finally, Golden State Equity Partners purchased a new position in Invesco NASDAQ Internet ETF during the 2nd quarter valued at $217,000.

Invesco NASDAQ Internet ETF Trading Down 1.6%

NASDAQ:PNQI opened at $55.10 on Thursday. The company has a 50-day moving average price of $55.08 and a 200-day moving average price of $50.97. The stock has a market cap of $797.30 million, a price-to-earnings ratio of 30.49 and a beta of 1.15. Invesco NASDAQ Internet ETF has a 12 month low of $37.75 and a 12 month high of $57.16.

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.