Schnieders Capital Management LLC decreased its position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Free Report) by 39.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,660 shares of the company’s stock after selling 5,000 shares during the quarter. Schnieders Capital Management LLC’s holdings in Invesco NASDAQ Internet ETF were worth $358,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently made changes to their positions in the company. FourThought Financial Partners LLC purchased a new stake in shares of Invesco NASDAQ Internet ETF during the fourth quarter valued at approximately $1,049,000. Truist Financial Corp grew its holdings in shares of Invesco NASDAQ Internet ETF by 0.3% during the fourth quarter. Truist Financial Corp now owns 73,784 shares of the company’s stock valued at $3,445,000 after buying an additional 228 shares during the last quarter. Hemington Wealth Management grew its holdings in shares of Invesco NASDAQ Internet ETF by 47.3% during the fourth quarter. Hemington Wealth Management now owns 866 shares of the company’s stock valued at $40,000 after buying an additional 278 shares during the last quarter. Bank Hapoalim BM purchased a new stake in shares of Invesco NASDAQ Internet ETF during the fourth quarter valued at approximately $215,000. Finally, Joseph P. Lucia & Associates LLC grew its holdings in shares of Invesco NASDAQ Internet ETF by 5.8% during the fourth quarter. Joseph P. Lucia & Associates LLC now owns 22,968 shares of the company’s stock valued at $1,072,000 after buying an additional 1,259 shares during the last quarter.
Invesco NASDAQ Internet ETF Trading Up 0.6 %
Shares of PNQI stock opened at $48.61 on Thursday. Invesco NASDAQ Internet ETF has a 12-month low of $36.00 and a 12-month high of $51.32. The firm’s 50 day moving average is $48.52 and its 200 day moving average is $45.58. The stock has a market capitalization of $864.77 million, a P/E ratio of 34.78 and a beta of 1.15.
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.
Further Reading
- Five stocks we like better than Invesco NASDAQ Internet ETF
- How to Use the MarketBeat Stock Screener
- Buffett’s on the Sidelines – Should You Follow?
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- AST SpaceMobile Stock Surges 17% After Analyst Upgrade
- Stock Sentiment Analysis: How it Works
- 3 Stocks With Triple-Digit PEs That Are Still Worth a Look
Want to see what other hedge funds are holding PNQI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Free Report).
Receive News & Ratings for Invesco NASDAQ Internet ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ Internet ETF and related companies with MarketBeat.com's FREE daily email newsletter.
