Citigroup said in its latest 13F filing with the U.S. Securities and Exchange Commission (SEC) that it increased its holdings in Invesco NASDAQ Internet ETF (NASDAQ: PNQI – Free Report) shares by 400.0% in the third quarter. The fund owns 2,250 shares of the company’s stock after purchasing an additional 1,800 shares during the period. Citigroup’s holdings in the Invesco Nasdaq Internet ETF were worth $69,000 at the end of the most recent quarter.
Other large investors also bought and sold shares of the company. Ironwood Investment Counsel LLC purchased a new stake in shares of Invesco NASDAQ Internet ETF during the third quarter worth approximately $377,000. PNC Financial Services Group Inc. increased its holdings in Invesco Nasdaq Internet ETF by 400.0% during the third quarter. PNC Financial Services Group Inc. now owns 2,200 shares of the company’s stock valued at $68,000 after purchasing an additional 1,760 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Invesco NASDAQ Internet ETF by 386.2% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 40,455 shares of the company’s stock valued at $1,241,000 after purchasing an additional 32,134 shares during the last quarter. Barclays increased its position in the Invesco Nasdaq Internet ETF by 400.0% during the third quarter. Barclays PLC now owns 2,645 shares of the company’s stock valued at $81,000 after purchasing an additional 2,116 shares during the last quarter. Finally, Mariner LLC lifted its position in the Invesco NASDAQ Internet ETF by 385.5% during the third quarter. Mariner LLC now owns 24,186 shares of the company’s stock valued at $742,000 after purchasing an additional 19,204 shares during the last quarter.
Invesco Nasdaq Internet ETF Stock Performance
PNQI shares opened Tuesday at $39.94. The company has a market capitalization of $767.25 million, a P/E ratio of 31.38, and a beta value of 1.15. The business has a 50-day moving average price of $38.95 and a 200-day moving average price of $35.24. Invesco Nasdaq Internet ETF has a 52-week low of $26.77 and a 52-week high of $40.53.
Introduction to Invesco Nasdaq Internet ETF
(free report)
The Invesco Nasdaq Internet ETF (PNQI) is an exchange-traded fund based on the Nasdaq Internet Index, a modified market capitalization-weighted index of U.S.-listed Internet companies. PNQI was established on June 12, 2008 and is managed by Invesco.
recommended article
Want to see what other hedge funds hold PNQI? Visit HoldingsChannel.com to get the latest 13F filings and insider transactions for Invesco Nasdaq Internet ETF (NASDAQ: PNQI – Free Report).
Receive daily news and ratings for the Invesco Nasdaq Internet ETF – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for the Invesco NASDAQ Internet ETF and related companies with MarketBeat.com’s free daily email newsletter.