GSA Capital Partners LLP Grows Position in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

GSA Capital Partners LLP boosted its stake in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 53.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,382 shares of the company’s stock after purchasing an additional 5,672 shares during the quarter. GSA Capital Partners LLP owned about 0.09% of Invesco NASDAQ Internet ETF worth $653,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. UBS Group AG grew its holdings in Invesco NASDAQ Internet ETF by 44.5% in the fourth quarter. UBS Group AG now owns 898,893 shares of the company’s stock valued at $32,423,000 after purchasing an additional 276,992 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Invesco NASDAQ Internet ETF by 40.9% in the fourth quarter. Wells Fargo & Company MN now owns 193,655 shares of the company’s stock valued at $6,985,000 after purchasing an additional 56,211 shares during the period. Raymond James & Associates boosted its stake in shares of Invesco NASDAQ Internet ETF by 124.7% in the fourth quarter. Raymond James & Associates now owns 79,798 shares of the company’s stock valued at $2,878,000 after purchasing an additional 44,283 shares during the period. Truist Financial Corp purchased a new position in shares of Invesco NASDAQ Internet ETF in the fourth quarter valued at $2,582,000. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of Invesco NASDAQ Internet ETF by 407.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 54,900 shares of the company’s stock valued at $1,980,000 after purchasing an additional 44,090 shares during the period.

Invesco NASDAQ Internet ETF Price Performance

PNQI opened at $41.71 on Friday. The stock has a market capitalization of $788.32 million, a PE ratio of 8.95 and a beta of 1.15. The firm’s fifty day moving average price is $40.42 and its 200 day moving average price is $39.06. Invesco NASDAQ Internet ETF has a 12-month low of $28.84 and a 12-month high of $42.23.

About Invesco NASDAQ Internet ETF

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.