LPL Financial LLC decreased its stake in Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Free Report) by 5.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 63,243 shares of the company’s stock after selling 3,769 shares during the quarter. LPL Financial LLC owned approximately 0.35% of Invesco NASDAQ Internet ETF worth $9,888,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of the stock. Fisher Asset Management LLC boosted its position in Invesco NASDAQ Internet ETF by 7.1% during the first quarter. Fisher Asset Management LLC now owns 458,193 shares of the company’s stock worth $64,555,000 after purchasing an additional 30,453 shares in the last quarter. Bank of America Corp DE boosted its position in Invesco NASDAQ Internet ETF by 39.9% during the first quarter. Bank of America Corp DE now owns 384,014 shares of the company’s stock worth $54,104,000 after purchasing an additional 109,463 shares in the last quarter. Wells Fargo & Company MN boosted its position in Invesco NASDAQ Internet ETF by 7.8% during the fourth quarter. Wells Fargo & Company MN now owns 27,109 shares of the company’s stock worth $3,043,000 after purchasing an additional 1,956 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its position in Invesco NASDAQ Internet ETF by 182.7% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 23,015 shares of the company’s stock worth $3,243,000 after purchasing an additional 14,875 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in Invesco NASDAQ Internet ETF by 40.9% during the third quarter. Royal Bank of Canada now owns 22,742 shares of the company’s stock worth $2,588,000 after purchasing an additional 6,601 shares in the last quarter.
Invesco NASDAQ Internet ETF Trading Up 2.2 %
Shares of PNQI stock opened at $29.81 on Tuesday. The company has a market capitalization of $537.77 million, a P/E ratio of 31.38 and a beta of 1.15. The business’s 50 day moving average is $31.15 and its two-hundred day moving average is $30.58. Invesco NASDAQ Internet ETF has a 12-month low of $21.12 and a 12-month high of $33.80.
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.
Read More
- Five stocks we like better than Invesco NASDAQ Internet ETF
- What is ChatGPT Stock? How to Invest in It
- Amazon just gave us 3 reasons to expect fresh highs
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- McDonald’s bottoms, plus more good news for fast food stocks
- Breakout Stocks: What They Are and How to Identify Them
- Is Apple a buy ahead of earnings?
Want to see what other hedge funds are holding PNQI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Free Report).
Receive News & Ratings for Invesco NASDAQ Internet ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ Internet ETF and related companies with MarketBeat.com's FREE daily email newsletter.