Newbridge Financial Services Group Inc. Acquires New Shares in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Newbridge Financial Services Group Inc. purchased a new stake in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,455 shares of the company’s stock, valued at approximately $125,000.

Other institutional investors and hedge funds have also modified their holdings of the company. PVG Asset Management Corp bought a new position in shares of Invesco NASDAQ Internet ETF during the fourth quarter worth approximately $252,000. SageView Advisory Group LLC purchased a new stake in shares of Invesco NASDAQ Internet ETF during the 4th quarter valued at $238,000. Hirtle Callaghan & Co LLC bought a new stake in Invesco NASDAQ Internet ETF in the 4th quarter worth $310,000. Jones Financial Companies Lllp bought a new stake in shares of Invesco NASDAQ Internet ETF during the 4th quarter valued at about $295,000. Finally, Advisory Services Network LLC purchased a new position in Invesco NASDAQ Internet ETF in the fourth quarter worth about $236,000.

Invesco NASDAQ Internet ETF Trading Down 0.2 %

NASDAQ PNQI traded down $0.09 during trading hours on Tuesday, hitting $40.64. 4,596 shares of the company’s stock traded hands, compared to its average volume of 115,218. The business’s fifty day moving average price is $39.53 and its two-hundred day moving average price is $38.31. Invesco NASDAQ Internet ETF has a 52 week low of $28.84 and a 52 week high of $40.94. The firm has a market capitalization of $772.97 million, a P/E ratio of 8.95 and a beta of 1.15.

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.