Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Get Free Report) shares saw an uptick in trading volume on Tuesday . 159,149 shares were traded during mid-day trading, an increase of 175% from the previous session’s volume of 57,770 shares.The stock last traded at $47.46 and had previously closed at $47.48.
Invesco NASDAQ Internet ETF Stock Performance
The company has a market capitalization of $867.18 million, a price-to-earnings ratio of 8.95 and a beta of 1.15. The business has a 50 day moving average price of $47.49 and a 200-day moving average price of $43.90.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Creative Planning raised its stake 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 buying an additional 583 shares during the period. Sanctuary Advisors LLC acquired a new position in Invesco NASDAQ Internet ETF during the 2nd quarter worth approximately $1,568,000. SeaCrest Wealth Management LLC raised its stake in Invesco NASDAQ Internet ETF by 8.7% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 21,179 shares of the company’s stock worth $920,000 after buying an additional 1,699 shares during the period. Raymond James & Associates raised its stake in Invesco NASDAQ Internet ETF by 0.7% during the 3rd quarter. Raymond James & Associates now owns 102,343 shares of the company’s stock worth $4,447,000 after buying an additional 689 shares during the period. Finally, Allworth Financial LP acquired a new position in Invesco NASDAQ Internet ETF during the 3rd quarter worth approximately $43,000.
About Invesco NASDAQ Internet ETF
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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