Raymond James Financial Services Advisors Inc. Invests $176,000 in Invesco Next Gen Connectivity ETF (NYSEARCA:PXQ)

Raymond James Financial Services Advisors Inc. acquired a new stake in Invesco Next Gen Connectivity ETF (NYSEARCA:PXQ) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 2,260 shares of the company’s stock, valued at approximately $176,000.

Invesco Next Gen Connectivity ETF Stock Performance

PXQ opened at $89.34 on Friday. The firm has a market cap of $38.42 million, a P/E ratio of 21.81 and a beta of 1.11. The business’s fifty day moving average is $91.81 and its 200-day moving average is $87.30. Invesco Next Gen Connectivity ETF has a 52-week low of $68.15 and a 52-week high of $82.04.

Invesco Next Gen Connectivity ETF Company Profile

PowerShares Dynamic Networking Portfolio (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Networking Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.