Pallas Capital Advisors LLC Acquires New Shares in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Pallas Capital Advisors LLC bought a new position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQIFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 16,572 shares of the company’s stock, valued at approximately $774,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Allworth Financial LP bought a new stake in Invesco NASDAQ Internet ETF during the 3rd quarter valued at $43,000. KKM Financial LLC grew its stake in Invesco NASDAQ Internet ETF by 4.4% in the third quarter. KKM Financial LLC now owns 7,200 shares of the company’s stock valued at $313,000 after purchasing an additional 303 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Invesco NASDAQ Internet ETF by 29.2% during the third quarter. JPMorgan Chase & Co. now owns 7,430 shares of the company’s stock valued at $323,000 after buying an additional 1,680 shares during the last quarter. Creative Planning boosted its holdings in shares of Invesco NASDAQ Internet ETF by 5.3% in the 2nd quarter. Creative Planning now owns 11,630 shares of the company’s stock valued at $478,000 after buying an additional 583 shares in the last quarter. Finally, Benjamin Edwards Inc. bought a new stake in shares of Invesco NASDAQ Internet ETF in the 3rd quarter valued at about $687,000.

Invesco NASDAQ Internet ETF Trading Down 0.1 %

Shares of PNQI stock opened at $46.07 on Wednesday. Invesco NASDAQ Internet ETF has a 12-month low of $35.06 and a 12-month high of $49.61. The business’s fifty day simple moving average is $47.31 and its 200-day simple moving average is $43.67. The company has a market cap of $823.73 million, a PE ratio of 8.95 and a beta of 1.15.

Invesco NASDAQ Internet ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

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