Bank Hapoalim BM Makes New Investment in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Bank Hapoalim BM bought a new position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) during the fourth quarter, Holdings Channel reports. The fund bought 4,600 shares of the company’s stock, valued at approximately $215,000.

A number of other institutional investors have also recently added to or reduced their stakes in PNQI. Creative Planning grew its holdings in Invesco NASDAQ Internet ETF by 5.3% during the 2nd quarter. Creative Planning now owns 11,630 shares of the company’s stock worth $478,000 after acquiring an additional 583 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Invesco NASDAQ Internet ETF in the 2nd quarter valued at $1,568,000. SeaCrest Wealth Management LLC boosted its stake in shares of Invesco NASDAQ Internet ETF by 8.7% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 21,179 shares of the company’s stock valued at $920,000 after purchasing an additional 1,699 shares during the last quarter. Raymond James & Associates boosted its stake in shares of Invesco NASDAQ Internet ETF by 0.7% in the 3rd 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, Allworth Financial LP bought a new stake in shares of Invesco NASDAQ Internet ETF in the 3rd quarter valued at $43,000.

Invesco NASDAQ Internet ETF Stock Performance

NASDAQ:PNQI opened at $50.19 on Wednesday. The firm’s fifty day moving average is $47.95 and its 200-day moving average is $44.35. Invesco NASDAQ Internet ETF has a 52 week low of $36.00 and a 52 week high of $50.38. The firm has a market cap of $917.47 million, a P/E ratio of 8.95 and a beta of 1.15.

Invesco NASDAQ Internet ETF 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.