Invesco NASDAQ Internet ETF (NASDAQ:PNQI) Shares Sold by Santori & Peters Inc.

Santori & Peters Inc. cut its position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 4.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,032 shares of the company’s stock after selling 1,766 shares during the quarter. Invesco NASDAQ Internet ETF accounts for 0.7% of Santori & Peters Inc.’s portfolio, making the stock its 19th largest position. Santori & Peters Inc. owned about 0.22% of Invesco NASDAQ Internet ETF worth $1,677,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. RDA Financial Network increased its holdings in Invesco NASDAQ Internet ETF by 6.0% in the fourth quarter. RDA Financial Network now owns 10,175 shares of the company’s stock worth $367,000 after buying an additional 575 shares during the last quarter. Principal Securities Inc. bought a new position in Invesco NASDAQ Internet ETF in the 4th quarter valued at $26,000. Sunbelt Securities Inc. boosted its position in Invesco NASDAQ Internet ETF by 400.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,100 shares of the company’s stock valued at $34,000 after buying an additional 880 shares during the last quarter. Westside Investment Management Inc. boosted its position 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 buying an additional 1,040 shares during the last quarter. Finally, Kovack Advisors Inc. boosted its position in Invesco NASDAQ Internet ETF by 13.5% in the 4th quarter. Kovack Advisors Inc. now owns 12,600 shares of the company’s stock valued at $454,000 after buying an additional 1,500 shares during the last quarter.

Invesco NASDAQ Internet ETF Stock Performance

PNQI traded up $0.09 during mid-day trading on Wednesday, reaching $41.58. The stock had a trading volume of 67,184 shares, compared to its average volume of 112,302. The stock has a market capitalization of $790.85 million, a P/E ratio of 8.95 and a beta of 1.15. The firm’s fifty day simple moving average is $39.93 and its two-hundred day simple moving average is $38.78. Invesco NASDAQ Internet ETF has a 52 week low of $28.84 and a 52 week high of $41.63.

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.