HighTower Advisors LLC Has $34.48 Million Stock Position in Invesco NASDAQ Internet ETF $PNQI

HighTower Advisors LLC lowered its holdings in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 1.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 639,183 shares of the company’s stock after selling 11,145 shares during the period. HighTower Advisors LLC owned about 4.88% of Invesco NASDAQ Internet ETF worth $34,482,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Huntington National Bank acquired a new position in shares of Invesco NASDAQ Internet ETF during the 3rd quarter worth $56,000. Advisory Services Network LLC bought a new stake in Invesco NASDAQ Internet ETF during the 3rd quarter worth $73,000. Allworth Financial LP grew its position in Invesco NASDAQ Internet ETF by 39.3% during the 3rd quarter. Allworth Financial LP now owns 1,393 shares of the company’s stock worth $78,000 after acquiring an additional 393 shares during the last quarter. Compound Planning Inc. bought a new stake in Invesco NASDAQ Internet ETF during the 3rd quarter worth $209,000. Finally, RCW Management LLC bought a new stake in Invesco NASDAQ Internet ETF during the 4th quarter worth $237,000.

Invesco NASDAQ Internet ETF Stock Up 0.1%

Shares of PNQI stock opened at $48.17 on Friday. The firm has a market capitalization of $556.85 million, a P/E ratio of 30.49 and a beta of 1.25. Invesco NASDAQ Internet ETF has a twelve month low of $42.80 and a twelve month high of $57.22. The stock’s fifty day simple moving average is $47.05 and its 200 day simple moving average is $50.11.

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.