FormulaFolio Investments LLC increased its stake in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 180.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,796 shares of the company’s stock after purchasing an additional 1,798 shares during the quarter. FormulaFolio Investments LLC owned approximately 0.06% of Invesco NASDAQ Internet ETF worth $638,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Elevated Capital Advisors LLC raised its stake in Invesco NASDAQ Internet ETF by 17.7% in the fourth quarter. Elevated Capital Advisors LLC now owns 2,479 shares of the company’s stock valued at $566,000 after buying an additional 373 shares during the last quarter. Safeguard Investment Advisory Group LLC purchased a new stake in Invesco NASDAQ Internet ETF in the fourth quarter valued at about $2,070,000. EP Wealth Advisors LLC raised its stake in Invesco NASDAQ Internet ETF by 1.0% in the fourth quarter. EP Wealth Advisors LLC now owns 4,009 shares of the company’s stock valued at $915,000 after buying an additional 40 shares during the last quarter. Crestone Asset Management LLC acquired a new position in shares of Invesco NASDAQ Internet ETF in the fourth quarter valued at about $17,843,000. Finally, Jane Street Group LLC acquired a new position in shares of Invesco NASDAQ Internet ETF in the fourth quarter valued at about $658,000.

Shares of PNQI stock opened at $240.17 on Thursday. The stock’s 50-day simple moving average is $238.03 and its 200-day simple moving average is $231.57. Invesco NASDAQ Internet ETF has a fifty-two week low of $129.54 and a fifty-two week high of $264.71.

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Institutional Ownership by Quarter for Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

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