Wealthspire Advisors LLC Sells 7,680 Shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Wealthspire Advisors LLC cut its position in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 50.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 7,680 shares of the company’s stock after selling 7,680 shares during the period. Wealthspire Advisors LLC’s holdings in Invesco NASDAQ Internet ETF were worth $359,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Truist Financial Corp raised its holdings 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 worth $3,445,000 after purchasing an additional 228 shares in the last quarter. Hemington Wealth Management increased 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 acquiring an additional 278 shares in the last quarter. Bank Hapoalim BM acquired a new position in shares of Invesco NASDAQ Internet ETF during the fourth quarter valued at about $215,000. Joseph P. Lucia & Associates LLC increased 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 acquiring an additional 1,259 shares in the last quarter. Finally, Carr Financial Group Corp increased its holdings in shares of Invesco NASDAQ Internet ETF by 14.3% during the fourth quarter. Carr Financial Group Corp now owns 15,680 shares of the company’s stock valued at $732,000 after acquiring an additional 1,965 shares in the last quarter.

Invesco NASDAQ Internet ETF Stock Up 0.6 %

PNQI opened at $48.61 on Thursday. Invesco NASDAQ Internet ETF has a 52-week low of $36.00 and a 52-week high of $51.32. The company has a market cap of $864.77 million, a P/E ratio of 34.78 and a beta of 1.15. The firm’s 50-day moving average price is $48.52 and its 200-day moving average price is $45.58.

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.