Invesco NASDAQ Internet ETF (NASDAQ:PNQI) Position Lessened by Pathstone Holdings LLC

Pathstone Holdings LLC lowered its position in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 1.9% during the third quarter, HoldingsChannel.com reports. The firm owned 46,209 shares of the company’s stock after selling 916 shares during the quarter. Pathstone Holdings LLC’s holdings in Invesco NASDAQ Internet ETF were worth $2,008,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new stake in shares of Invesco NASDAQ Internet ETF during the 2nd quarter valued at about $1,568,000. Raymond James & Associates grew its position in Invesco NASDAQ Internet ETF by 9.6% in the second quarter. Raymond James & Associates now owns 101,654 shares of the company’s stock worth $4,174,000 after acquiring an additional 8,916 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in Invesco NASDAQ Internet ETF by 6.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 51,521 shares of the company’s stock worth $2,115,000 after acquiring an additional 3,305 shares in the last quarter. Joseph P. Lucia & Associates LLC raised its holdings in shares of Invesco NASDAQ Internet ETF by 16.8% during the 2nd quarter. Joseph P. Lucia & Associates LLC now owns 20,406 shares of the company’s stock valued at $838,000 after purchasing an additional 2,932 shares in the last quarter. Finally, SeaCrest Wealth Management LLC lifted its stake in shares of Invesco NASDAQ Internet ETF by 17.2% in the 2nd quarter. SeaCrest Wealth Management LLC now owns 19,480 shares of the company’s stock valued at $800,000 after purchasing an additional 2,862 shares during the last quarter.

Invesco NASDAQ Internet ETF Trading Up 0.6 %

Shares of NASDAQ:PNQI opened at $47.41 on Wednesday. Invesco NASDAQ Internet ETF has a 1 year low of $33.99 and a 1 year high of $47.54. The firm has a fifty day moving average price of $44.35 and a 200 day moving average price of $41.79. The stock has a market capitalization of $847.22 million, a PE ratio of 8.95 and a beta of 1.15.

Invesco NASDAQ Internet ETF Company 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.