Invesco Nasdaq Internet ETF (NASDAQ: PNQI – Get Free Report ) set a new 52-week high on Friday’s session. The stock’s highest trading price was $39.91 and its latest trading price was $39.91, with a trading volume of 21,409 shares. The stock previously closed at $39.43.
Invesco Nasdaq Internet ETF shares fell 0.2%
The business has a 50-day simple moving average of $37.64 and a 200-day simple moving average of $34.35. The stock has a market capitalization of $756.11 million, a P/E ratio of 31.38, and a beta of 1.15.
Institutional inflows and outflows
A number of hedge funds have recently bought and sold shares of the company. SageView Advisory Group LLC purchased a new position in shares of Invesco NASDAQ Internet ETF during the fourth quarter valued at $238,000. GSA Capital Partners LLP increased its holdings in Invesco NASDAQ Internet ETF by 52.6% in the fourth quarter. GSA Capital Partners LLP now owns 10,710 shares of the company’s stock valued at $386,000 after purchasing an additional 3,691 shares during the last quarter. Citadel Advisors LLC purchased a new position in Invesco NASDAQ Internet ETF during the fourth quarter worth approximately $320,000. United Credit Bank increased its holdings in the Invesco Nasdaq Internet ETF by 347.9% in the fourth quarter. United Credit Bank now owns 3,910 shares of the company’s shares valued at $141,000, after purchasing an additional 3,037 shares during the period. Finally, Royal Bank of Canada increased its holdings of Invesco Nasdaq Internet ETF shares by 186.5% in the fourth quarter. Royal Bank of Canada now owns 227,786 shares of the company’s stock valued at $8,216,000 after purchasing an additional 148,274 shares during the last quarter.
About Invesco Nasdaq Internet ETF
(Get your free report)
The Invesco Nasdaq Internet ETF (PNQI) is an exchange-traded fund based on the Nasdaq Internet Index, a modified market cap-weighted index of U.S.-listed Internet companies. PNQI was established on June 12, 2008 and is managed by Invesco.
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