HighTower Advisors LLC Increases Stock Holdings in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

HighTower Advisors LLC increased its position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 583,798 shares of the company’s stock after purchasing an additional 7,540 shares during the period. HighTower Advisors LLC owned 3.28% of Invesco NASDAQ Internet ETF worth $27,258,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its holdings in shares of Invesco NASDAQ Internet ETF by 15.7% during the 4th quarter. Jones Financial Companies Lllp now owns 19,211 shares of the company’s stock worth $897,000 after buying an additional 2,608 shares during the last quarter. JPMorgan Chase & Co. grew its position in Invesco NASDAQ Internet ETF by 29.2% in the third quarter. JPMorgan Chase & Co. now owns 7,430 shares of the company’s stock worth $323,000 after acquiring an additional 1,680 shares during the period. FMR LLC increased its stake in 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 acquiring an additional 7,251 shares during the last quarter. Bank of Montreal Can purchased a new stake in Invesco NASDAQ Internet ETF in the third quarter valued at $5,401,000. Finally, Truist Financial Corp raised its position in Invesco NASDAQ Internet ETF by 0.3% in the fourth 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

Invesco NASDAQ Internet ETF stock opened at $45.01 on Friday. The company has a market capitalization of $800.73 million, a price-to-earnings ratio of 29.10 and a beta of 1.15. The company’s 50 day simple moving average is $48.23 and its 200-day simple moving average is $46.00. Invesco NASDAQ Internet ETF has a 1 year low of $36.00 and a 1 year high of $51.32.

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.