Citigroup increased its holdings in the Invesco Nasdaq Internet ETF (NASDAQ:PNQI – Free Report) by 400.0% in the third quarter, according to the company’s latest 13F filing with the Securities and Exchange Commission (SEC). I let it happen. The fund now owns 2,250 shares of the company’s stock after acquiring an additional 1,800 shares during the period. Citigroup’s holdings in the Invesco Nasdaq Internet ETF were worth $69,000 at the end of the most recent quarter.
Other large investors are also buying and selling shares in the company. Ironwood Investment Counsel LLC purchased new shares in Invesco Nasdaq Internet ETF during the 3rd quarter valued at approximately $377,000. PNC Financial Services Group Inc. increased its position in Invesco Nasdaq Internet ETF by 400.0% in the 3rd quarter. PNC Financial Services Group Inc. bought an additional 1,760 shares in the last quarter and he now owns 2,200 shares of the company’s stock valued at $68,000. Cambridge Investment Research Advisors, Inc. increased its position in Invesco Nasdaq Internet ETF by 386.2% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 40,455 shares of the company’s stock valued at $1,241,000 after purchasing an additional 32,134 shares in the last quarter. Barclays PLC increased its position in Invesco Nasdaq Internet ETF by 400.0% in the 3rd quarter. Barclays PLC now owns 2,645 shares of the company’s stock valued at $81,000 after purchasing an additional 2,116 shares during the last quarter. Finally, Mariner LLC increased its position in the Invesco Nasdaq Internet ETF by 385.5% in the 3rd quarter. Mariner LLC now owns 24,186 shares of the company’s stock valued at $742,000 after purchasing an additional 19,204 shares during the last quarter.
Invesco NASDAQ Internet ETF Stock Performance
PNQI stock began trading at $39.94 on Tuesday. The company has a market capitalization of $767.25 million, a price-to-earnings ratio of 31.38x, and a beta of 1.15x. His 50 day moving average price for this company is $38.95 and his 200 day moving average price is $35.24. The Invesco Nasdaq Internet ETF has a 52-week low of $26.77 and a 52-week high of $40.53.
Invesco Nasdaq Internet ETF Profile
(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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