HighTower Advisors LLC Boosts Position in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

HighTower Advisors LLC raised its stake in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 576,258 shares of the company’s stock after acquiring an additional 4,833 shares during the period. HighTower Advisors LLC’s holdings in Invesco NASDAQ Internet ETF were worth $25,050,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Allworth Financial LP purchased a new stake in Invesco NASDAQ Internet ETF during the 3rd quarter valued at about $43,000. KKM Financial LLC raised its holdings in shares of Invesco NASDAQ Internet ETF by 4.4% during the third quarter. KKM Financial LLC now owns 7,200 shares of the company’s stock valued at $313,000 after acquiring an additional 303 shares during the last quarter. Western Financial Corp CA raised its holdings in shares of Invesco NASDAQ Internet ETF by 5.0% during the second quarter. Western Financial Corp CA now owns 8,656 shares of the company’s stock valued at $355,000 after acquiring an additional 413 shares during the last quarter. Creative Planning grew its position in shares of Invesco NASDAQ Internet ETF by 5.3% in the second quarter. Creative Planning now owns 11,630 shares of the company’s stock valued at $478,000 after purchasing an additional 583 shares in the last quarter. Finally, Benjamin Edwards Inc. purchased a new stake in shares of Invesco NASDAQ Internet ETF in the third quarter valued at approximately $687,000.

Invesco NASDAQ Internet ETF Stock Down 0.5 %

PNQI opened at $48.57 on Friday. The firm has a market cap of $867.95 million, a P/E ratio of 8.95 and a beta of 1.15. Invesco NASDAQ Internet ETF has a 52 week low of $34.07 and a 52 week high of $48.91. The business has a fifty day simple moving average of $45.06 and a 200-day simple moving average of $42.15.

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.