TD Waterhouse Canada Inc. Invests $3.51 Million in Invesco NASDAQ Internet ETF $PNQI

TD Waterhouse Canada Inc. purchased a new stake in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 77,041 shares of the company’s stock, valued at approximately $3,512,000.

Several other large investors have also added to or reduced their stakes in the business. Jane Street Group LLC acquired a new position in Invesco NASDAQ Internet ETF during the 1st quarter valued at about $371,000. NewEdge Advisors LLC raised its stake in shares of Invesco NASDAQ Internet ETF by 178.6% in the second quarter. NewEdge Advisors LLC now owns 5,920 shares of the company’s stock worth $309,000 after purchasing an additional 3,795 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Invesco NASDAQ Internet ETF by 0.8% in the second quarter. Raymond James Financial Inc. now owns 165,485 shares of the company’s stock worth $8,640,000 after purchasing an additional 1,305 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Invesco NASDAQ Internet ETF by 11.6% in the second quarter. Ameriprise Financial Inc. now owns 39,225 shares of the company’s stock valued at $2,048,000 after purchasing an additional 4,076 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Invesco NASDAQ Internet ETF by 22.3% in the second quarter. Benjamin Edwards Inc. now owns 19,368 shares of the company’s stock valued at $1,011,000 after purchasing an additional 3,528 shares in the last quarter.

Invesco NASDAQ Internet ETF Price Performance

Shares of NASDAQ:PNQI opened at $52.14 on Tuesday. The stock has a market cap of $555.29 million, a price-to-earnings ratio of 30.49 and a beta of 1.24. Invesco NASDAQ Internet ETF has a 12-month low of $42.80 and a 12-month high of $57.22. The business’s 50 day moving average is $49.94 and its 200 day moving average is $48.03.

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.