Citadel Advisors LLC Invests $1.13 Million in Invesco NASDAQ Internet ETF $PNQI

Citadel Advisors LLC purchased a new position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,787 shares of the company’s stock, valued at approximately $1,130,000. Citadel Advisors LLC owned 0.23% of Invesco NASDAQ Internet ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PNQI. Global Retirement Partners LLC acquired a new position in Invesco NASDAQ Internet ETF in the 4th quarter valued at approximately $40,000. Tsfg LLC acquired a new stake in shares of Invesco NASDAQ Internet ETF during the 2nd quarter valued at $56,000. Advisory Services Network LLC purchased a new position in shares of Invesco NASDAQ Internet ETF during the 3rd quarter valued at $73,000. Triumph Capital Management purchased a new position in shares of Invesco NASDAQ Internet ETF during the 2nd quarter valued at $81,000. Finally, Gill Capital Partners LLC purchased a new position in shares of Invesco NASDAQ Internet ETF during the 2nd quarter valued at $98,000.

Invesco NASDAQ Internet ETF Trading Up 0.4%

NASDAQ PNQI opened at $50.55 on Friday. Invesco NASDAQ Internet ETF has a 1-year low of $42.80 and a 1-year high of $57.22. The firm’s fifty day simple moving average is $50.18 and its 200-day simple moving average is $48.12. The company has a market capitalization of $538.36 million, a PE ratio of 30.49 and a beta of 1.24.

Invesco NASDAQ Internet ETF 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.