Nilsine Partners LLC Has $1.69 Million Stake in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Nilsine Partners LLC lowered its position in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 2.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 36,252 shares of the company’s stock after selling 757 shares during the period. Nilsine Partners LLC’s holdings in Invesco NASDAQ Internet ETF were worth $1,693,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC boosted its stake in shares of Invesco NASDAQ Internet ETF by 0.8% during the 3rd quarter. HighTower Advisors LLC now owns 576,258 shares of the company’s stock worth $25,050,000 after acquiring an additional 4,833 shares in the last quarter. Jane Street Group LLC lifted its holdings in Invesco NASDAQ Internet ETF by 39.0% in 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 last quarter. Bank of Montreal Can bought a new stake in Invesco NASDAQ Internet ETF during the third quarter worth approximately $5,401,000. Raymond James & Associates grew its holdings in Invesco NASDAQ Internet ETF by 0.7% during the third quarter. Raymond James & Associates now owns 102,343 shares of the company’s stock valued at $4,447,000 after purchasing an additional 689 shares during the last quarter. Finally, Grant GrossMendelsohn LLC bought a new position in shares of Invesco NASDAQ Internet ETF in the fourth quarter valued at approximately $3,151,000.

Invesco NASDAQ Internet ETF Trading Up 0.2 %

Shares of Invesco NASDAQ Internet ETF stock opened at $48.74 on Tuesday. Invesco NASDAQ Internet ETF has a 1-year low of $36.00 and a 1-year high of $49.61. The firm has a fifty day simple moving average of $47.58 and a 200-day simple moving average of $44.01. The stock has a market capitalization of $871.47 million, a price-to-earnings ratio of 8.95 and a beta of 1.15.

Invesco NASDAQ Internet ETF Company Profile

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.