David J Yvars Group Decreases Stock Holdings in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

David J Yvars Group reduced its stake in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQIFree Report) by 15.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,334 shares of the company’s stock after selling 5,001 shares during the quarter. Invesco NASDAQ Internet ETF accounts for approximately 0.7% of David J Yvars Group’s portfolio, making the stock its 25th largest holding. David J Yvars Group’s holdings in Invesco NASDAQ Internet ETF were worth $1,188,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in PNQI. Sanctuary Advisors LLC purchased a new position in Invesco NASDAQ Internet ETF in the 2nd quarter valued at approximately $1,568,000. Prudent Investors Network Inc. acquired a new stake in Invesco NASDAQ Internet ETF in the first quarter valued at $399,000. Raymond James & Associates increased its position in shares of Invesco NASDAQ Internet ETF by 9.6% in the second quarter. Raymond James & Associates now owns 101,654 shares of the company’s stock valued at $4,174,000 after buying an additional 8,916 shares in the last quarter. Avantax Advisory Services Inc. raised its stake in shares of Invesco NASDAQ Internet ETF by 27.9% during the 1st quarter. Avantax Advisory Services Inc. now owns 28,709 shares of the company’s stock worth $1,145,000 after buying an additional 6,258 shares during the last quarter. Finally, Concord Investment Counsel Inc. purchased a new stake in shares of Invesco NASDAQ Internet ETF in the 1st quarter worth about $228,000.

Invesco NASDAQ Internet ETF Trading Up 2.2 %

NASDAQ:PNQI opened at $45.23 on Thursday. The company has a market capitalization of $808.26 million, a P/E ratio of 8.95 and a beta of 1.15. The firm has a 50-day moving average price of $42.76 and a two-hundred day moving average price of $41.06. Invesco NASDAQ Internet ETF has a twelve month low of $31.83 and a twelve month high of $45.27.

About Invesco NASDAQ Internet ETF

(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.

Recommended Stories

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:PNQIFree Report).

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

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.