22,460 Shares in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) Acquired by FourThought Financial Partners LLC

FourThought Financial Partners LLC bought a new stake in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 22,460 shares of the company’s stock, valued at approximately $1,049,000. FourThought Financial Partners LLC owned approximately 0.12% of Invesco NASDAQ Internet ETF at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. HighTower Advisors LLC lifted its stake in shares of Invesco NASDAQ Internet ETF by 0.8% in the 3rd quarter. HighTower Advisors LLC now owns 576,258 shares of the company’s stock worth $25,050,000 after acquiring an additional 4,833 shares during the period. Jane Street Group LLC raised its holdings in Invesco NASDAQ Internet ETF by 39.0% during the third quarter. Jane Street Group LLC now owns 373,571 shares of the company’s stock worth $16,232,000 after purchasing an additional 104,872 shares in the last quarter. Bank of Montreal Can acquired a new stake in Invesco NASDAQ Internet ETF in the third quarter worth approximately $5,401,000. Raymond James & Associates boosted 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 valued at $4,447,000 after purchasing an additional 689 shares in the last quarter. Finally, Truist Financial Corp increased its position in shares of Invesco NASDAQ Internet ETF by 0.3% during the 4th quarter. Truist Financial Corp now owns 73,784 shares of the company’s stock valued at $3,445,000 after purchasing an additional 228 shares during the period.

Invesco NASDAQ Internet ETF Stock Performance

PNQI opened at $48.31 on Wednesday. The company has a market capitalization of $859.43 million, a PE ratio of 34.78 and a beta of 1.15. The stock’s fifty day moving average is $48.49 and its 200-day moving average is $45.56. Invesco NASDAQ Internet ETF has a one year low of $36.00 and a one year high of $51.32.

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.