Onyx Bridge Wealth Group LLC Acquires New Holdings in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Onyx Bridge Wealth Group LLC acquired a new stake in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) during the fourth quarter, Holdings Channel.com reports. The firm acquired 12,673 shares of the company’s stock, valued at approximately $457,000.

Other institutional investors have also made changes to their positions in the company. Ironwood Investment Counsel LLC bought a new position in shares of Invesco NASDAQ Internet ETF in the 3rd quarter valued at approximately $377,000. Citigroup Inc. raised its stake in shares of Invesco NASDAQ Internet ETF by 400.0% in the 3rd quarter. Citigroup Inc. now owns 2,250 shares of the company’s stock valued at $69,000 after acquiring an additional 1,800 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Invesco NASDAQ Internet ETF by 400.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,200 shares of the company’s stock valued at $68,000 after acquiring an additional 1,760 shares in the last quarter. 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 worth $1,241,000 after buying an additional 32,134 shares during the period. Finally, Raymond James Financial Services Advisors Inc. increased its position in Invesco NASDAQ Internet ETF by 407.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 54,900 shares of the company’s stock worth $1,980,000 after buying an additional 44,090 shares during the period.

Invesco NASDAQ Internet ETF Stock Down 1.9 %

NASDAQ PNQI traded down $0.73 during trading on Friday, hitting $37.76. The company’s stock had a trading volume of 69,569 shares, compared to its average volume of 144,759. The firm has a 50 day moving average price of $39.38 and a 200 day moving average price of $36.01. The firm has a market cap of $725.75 million, a P/E ratio of 8.95 and a beta of 1.15. Invesco NASDAQ Internet ETF has a 52 week low of $26.77 and a 52 week high of $40.57.

Invesco NASDAQ Internet ETF Company 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.