Invesco NASDAQ Internet ETF (NASDAQ:PNQI) Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC decreased its holdings in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,368,441 shares of the company’s stock after selling 73,818 shares during the quarter. Fisher Asset Management LLC owned about 0.12% of Invesco NASDAQ Internet ETF worth $85,430,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its position in shares of Invesco NASDAQ Internet ETF by 395.0% during the third quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock worth $897,000 after buying an additional 23,321 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in shares of Invesco NASDAQ Internet ETF by 386.2% during the third 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. Raymond James & Associates boosted its position in shares of Invesco NASDAQ Internet ETF by 428.3% during the third quarter. Raymond James & Associates now owns 35,515 shares of the company’s stock worth $1,090,000 after buying an additional 28,793 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in shares of Invesco NASDAQ Internet ETF by 336.2% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 10,810 shares of the company’s stock worth $332,000 after buying an additional 8,332 shares during the period. Finally, Crestone Asset Management LLC boosted its position in shares of Invesco NASDAQ Internet ETF by 369.3% during the third quarter. Crestone Asset Management LLC now owns 55,729 shares of the company’s stock worth $1,710,000 after buying an additional 43,854 shares during the period.

Invesco NASDAQ Internet ETF Stock Up 1.6 %

PNQI opened at $39.68 on Friday. Invesco NASDAQ Internet ETF has a 52 week low of $27.57 and a 52 week high of $40.57. The business has a fifty day simple moving average of $39.37 and a 200-day simple moving average of $36.55. The firm has a market cap of $756.70 million, a P/E ratio of 8.72 and a beta of 1.15.

About Invesco NASDAQ Internet ETF

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.