Cambridge Investment Research Advisors Inc. Increases Stock Position in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Cambridge Investment Research Advisors Inc. grew its stake in Invesco NASDAQ Internet ETF (NASDAQ:PNQIFree Report) by 17.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 47,514 shares of the company’s stock after acquiring an additional 7,059 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.25% of Invesco NASDAQ Internet ETF worth $1,714,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. UBS Group AG boosted its holdings in Invesco NASDAQ Internet ETF by 389.9% during the 3rd quarter. UBS Group AG now owns 621,901 shares of the company’s stock valued at $19,080,000 after acquiring an additional 494,949 shares during the period. LPL Financial LLC grew its holdings in shares of Invesco NASDAQ Internet ETF by 479.0% in the third quarter. LPL Financial LLC now owns 366,171 shares of the company’s stock valued at $11,234,000 after purchasing an additional 302,928 shares in the last quarter. Truist Financial Corp purchased a new stake in Invesco NASDAQ Internet ETF during the 4th quarter worth approximately $2,582,000. Wells Fargo & Company MN lifted its holdings in Invesco NASDAQ Internet ETF by 40.9% during the 4th quarter. Wells Fargo & Company MN now owns 193,655 shares of the company’s stock worth $6,985,000 after buying an additional 56,211 shares in the last quarter. Finally, Raymond James & Associates boosted its position in Invesco NASDAQ Internet ETF by 124.7% in the 4th quarter. Raymond James & Associates now owns 79,798 shares of the company’s stock valued at $2,878,000 after buying an additional 44,283 shares during the period.

Invesco NASDAQ Internet ETF Stock Up 1.0 %

NASDAQ:PNQI opened at $39.72 on Thursday. Invesco NASDAQ Internet ETF has a 52 week low of $28.84 and a 52 week high of $40.57. The company has a fifty day simple moving average of $39.47 and a two-hundred day simple moving average of $37.94. The company has a market cap of $755.47 million, a price-to-earnings ratio of 8.95 and a beta of 1.15.

About Invesco NASDAQ Internet ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

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