Invesco NASDAQ Internet ETF (NASDAQ:PNQI – Get Free Report) reached a new 52-week high during trading on Friday. The stock traded as high as $39.91 and last traded at $39.91, with volume of 21,409 shares changing hands. The stock previously closed at $39.43.
Invesco Nasdaq Internet ETF shares fell 0.2%.
The company’s 50 day simple moving average is $37.64 and its 200 day simple moving average is $34.35. The stock has a market capitalization of $756.11 million, a P/E ratio of 31.38x, and a beta of 1.15x.
Inflow and outflow of institutions
A number of hedge funds have recently bought and sold shares of the company. SageView Advisory Group LLC bought a new position in shares of Invesco Nasdaq Internet ETF in the 4th quarter valued at $238,000. GSA Capital Partners LLP increased his holdings in Invesco Nasdaq Internet ETF by 52.6% in the 4th quarter. GSA Capital Partners LLP now owns 10,710 shares of the company’s stock valued at $386,000 after purchasing an additional 3,691 shares in the last quarter. Citadel Advisors LLC purchased a new position in Invesco Nasdaq Internet ETF in the 4th quarter valued at approximately $320,000. Comerica Bank increased its position in shares of Invesco Nasdaq Internet ETF by 347.9% during the 4th quarter. Comerica Bank now owns 3,910 shares of the company’s stock valued at $141,000 after purchasing an additional 3,037 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of Invesco Nasdaq Internet ETF by 186.5% in the 4th quarter. Royal Bank of Canada now owns 227,786 shares of the company’s stock valued at $8,216,000 after purchasing an additional 148,274 shares in the last quarter.
About Invesco NASDAQ Internet ETF
(Get Free Report)
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.
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