Invesco NASDAQ Internet ETF $PNQI Shares Newly Bought by Sowell Financial Services LLC

Sowell Financial Services LLC purchased a new position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) during the third quarter, HoldingsChannel.com reports. The fund purchased 11,575 shares of the company’s stock, valued at approximately $587,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Tsfg LLC acquired a new position in shares of Invesco NASDAQ Internet ETF during the second quarter valued at about $56,000. Allworth Financial LP lifted its stake in shares of Invesco NASDAQ Internet ETF by 14.8% during the second quarter. Allworth Financial LP now owns 1,668 shares of the company’s stock worth $76,000 after buying an additional 215 shares during the period. Triumph Capital Management purchased a new stake in shares of Invesco NASDAQ Internet ETF during the second quarter valued at $81,000. Gill Capital Partners LLC purchased a new stake in shares of Invesco NASDAQ Internet ETF during the second quarter valued at $98,000. Finally, Beaumont Financial Advisors LLC acquired a new position in shares of Invesco NASDAQ Internet ETF in the 3rd quarter valued at $203,000.

Invesco NASDAQ Internet ETF Trading Up 0.2%

Shares of NASDAQ:PNQI opened at $49.42 on Tuesday. Invesco NASDAQ Internet ETF has a twelve month low of $42.80 and a twelve month high of $56.47. The company’s 50 day moving average is $51.60 and its 200 day moving average is $48.95. The company has a market cap of $517.43 million, a PE ratio of 30.49 and a beta of 1.25.

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.