Avantax Advisory Services Inc. lessened its holdings in Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Free Report) by 5.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,249 shares of the company’s stock after selling 1,536 shares during the period. Avantax Advisory Services Inc.’s holdings in Invesco NASDAQ Internet ETF were worth $1,319,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of PNQI. Raymond James Financial Inc. bought a new stake in Invesco NASDAQ Internet ETF in the fourth quarter worth $7,875,000. Bank of Montreal Can bought a new position in Invesco NASDAQ Internet ETF during the third quarter valued at $5,401,000. Jane Street Group LLC increased its position in Invesco NASDAQ Internet ETF by 39.0% during the third quarter. Jane Street Group LLC now owns 373,571 shares of the company’s stock valued at $16,232,000 after acquiring an additional 104,872 shares during the last quarter. Grant GrossMendelsohn LLC bought a new position in Invesco NASDAQ Internet ETF during the fourth quarter valued at $3,151,000. Finally, FourThought Financial Partners LLC bought a new position in Invesco NASDAQ Internet ETF during the fourth quarter valued at $1,049,000.
Invesco NASDAQ Internet ETF Stock Down 2.2 %
PNQI stock opened at $44.62 on Wednesday. Invesco NASDAQ Internet ETF has a twelve month low of $36.00 and a twelve month high of $51.32. The stock has a market capitalization of $793.79 million, a price-to-earnings ratio of 29.10 and a beta of 1.15. The firm’s fifty day simple moving average is $48.14 and its two-hundred day simple moving average is $46.13.
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.
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