TruWealth Advisors LLC Invests $202,000 in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

TruWealth Advisors LLC purchased a new stake in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQIFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,325 shares of the company’s stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of PNQI. HighTower Advisors LLC increased its position in Invesco NASDAQ Internet ETF by 0.8% during the third quarter. HighTower Advisors LLC now owns 576,258 shares of the company’s stock valued at $25,050,000 after acquiring an additional 4,833 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Invesco NASDAQ Internet ETF by 39.0% during the 3rd quarter. Jane Street Group LLC now owns 373,571 shares of the company’s stock worth $16,232,000 after purchasing an additional 104,872 shares during the period. Bank of Montreal Can bought a new position in Invesco NASDAQ Internet ETF during the 3rd quarter valued at about $5,401,000. Raymond James & Associates raised its position in Invesco NASDAQ Internet ETF by 0.7% in the 3rd quarter. Raymond James & Associates now owns 102,343 shares of the company’s stock worth $4,447,000 after purchasing an additional 689 shares during the period. Finally, Grant GrossMendelsohn LLC bought a new stake in Invesco NASDAQ Internet ETF in the fourth quarter worth about $3,151,000.

Invesco NASDAQ Internet ETF Price Performance

Shares of NASDAQ:PNQI opened at $47.48 on Friday. The firm has a market capitalization of $848.94 million, a PE ratio of 8.95 and a beta of 1.15. The business has a 50 day simple moving average of $47.42 and a two-hundred day simple moving average of $43.78. Invesco NASDAQ Internet ETF has a 1 year low of $35.71 and a 1 year high of $49.61.

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.

Further Reading

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

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