Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Get Free Report) saw an uptick in trading volume on Thursday . 138,321 shares traded hands during mid-day trading, an increase of 35% from the previous session’s volume of 102,354 shares.The stock last traded at $49.93 and had previously closed at $49.66.
Invesco NASDAQ Internet ETF Price Performance
The company has a market cap of $902.64 million, a price-to-earnings ratio of 8.95 and a beta of 1.15. The company’s 50-day simple moving average is $47.78 and its 200-day simple moving average is $44.15.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Raymond James & Associates grew its position in shares of Invesco NASDAQ Internet ETF by 0.7% during the third quarter. Raymond James & Associates now owns 102,343 shares of the company’s stock worth $4,447,000 after buying an additional 689 shares in the last quarter. Allworth Financial LP bought a new position in shares of Invesco NASDAQ Internet ETF during the third quarter worth about $43,000. FMR LLC lifted its position in shares of Invesco NASDAQ Internet ETF by 53.1% during the third quarter. FMR LLC now owns 20,909 shares of the company’s stock worth $908,000 after purchasing an additional 7,251 shares during the last quarter. Bank of Montreal Can bought a new stake in Invesco NASDAQ Internet ETF in the third quarter valued at about $5,401,000. Finally, HighTower Advisors LLC raised its position 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 valued at $25,050,000 after acquiring an additional 4,833 shares in the last quarter.
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.
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