Invesco NASDAQ Internet ETF (NASDAQ:PNQI) Shares Sold by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. lowered its stake in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 3.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 13,785 shares of the company’s stock after selling 500 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Invesco NASDAQ Internet ETF were worth $497,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Financial Freedom LLC lifted its position in shares of Invesco NASDAQ Internet ETF by 400.0% in the third quarter. Financial Freedom LLC now owns 1,100 shares of the company’s stock valued at $34,000 after acquiring an additional 880 shares in the last quarter. Sunbelt Securities Inc. increased its position in Invesco NASDAQ Internet ETF by 400.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,100 shares of the company’s stock worth $34,000 after purchasing an additional 880 shares in the last quarter. Westside Investment Management Inc. raised its stake in Invesco NASDAQ Internet ETF by 400.0% in the 3rd quarter. Westside Investment Management Inc. now owns 1,300 shares of the company’s stock valued at $40,000 after purchasing an additional 1,040 shares during the last quarter. Sandy Spring Bank lifted its holdings in Invesco NASDAQ Internet ETF by 400.0% in the 3rd quarter. Sandy Spring Bank now owns 1,500 shares of the company’s stock valued at $46,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Annapolis Financial Services LLC lifted its holdings in Invesco NASDAQ Internet ETF by 400.0% in the 3rd quarter. Annapolis Financial Services LLC now owns 1,800 shares of the company’s stock valued at $55,000 after purchasing an additional 1,440 shares in the last quarter.

Invesco NASDAQ Internet ETF Price Performance

Shares of NASDAQ PNQI opened at $39.60 on Thursday. The company has a 50-day simple moving average of $39.44 and a 200-day simple moving average of $36.79. The company has a market cap of $753.19 million, a PE ratio of 8.72 and a beta of 1.15. Invesco NASDAQ Internet ETF has a 12 month low of $28.07 and a 12 month high of $40.57.

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.