Sanctuary Advisors LLC lessened its position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Free Report) by 44.3% during the first quarter, Holdings Channel reports. The institutional investor owned 17,370 shares of the company’s stock after selling 13,818 shares during the quarter. Sanctuary Advisors LLC’s holdings in Invesco NASDAQ Internet ETF were worth $777,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently made changes to their positions in PNQI. Northwestern Mutual Wealth Management Co. raised its stake in Invesco NASDAQ Internet ETF by 797.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 76,907 shares of the company’s stock valued at $4,149,000 after acquiring an additional 68,339 shares during the period. Benjamin Edwards Inc. boosted its position in Invesco NASDAQ Internet ETF by 69.9% during the fourth quarter. Benjamin Edwards Inc. now owns 32,957 shares of the company’s stock worth $1,778,000 after purchasing an additional 13,555 shares during the period. Ameriprise Financial Inc. boosted its position in Invesco NASDAQ Internet ETF by 26.8% during the third quarter. Ameriprise Financial Inc. now owns 49,744 shares of the company’s stock worth $2,777,000 after purchasing an additional 10,519 shares during the period. Odyssey Capital Advisors Inc. bought a new position in Invesco NASDAQ Internet ETF during the fourth quarter worth about $554,000. Finally, Lido Advisors LLC increased its stake in shares of Invesco NASDAQ Internet ETF by 78.8% in the third quarter. Lido Advisors LLC now owns 19,911 shares of the company’s stock worth $1,112,000 after purchasing an additional 8,778 shares in the last quarter.
Invesco NASDAQ Internet ETF Price Performance
NASDAQ PNQI opened at $46.37 on Monday. The company’s 50 day moving average is $47.27 and its 200-day moving average is $47.93. Invesco NASDAQ Internet ETF has a 12-month low of $42.80 and a 12-month high of $57.22. The firm has a market cap of $502.19 million, a P/E ratio of 30.49 and a beta of 1.24.
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.
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