GWN Securities Inc. Takes Position in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

GWN Securities Inc. purchased a new stake in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 6,529 shares of the company’s stock, valued at approximately $318,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Harbour Investments Inc. increased its stake in Invesco NASDAQ Internet ETF by 8.6% during the 4th quarter. Harbour Investments Inc. now owns 2,595 shares of the company’s stock worth $121,000 after buying an additional 205 shares during the period. Truist Financial Corp increased its stake in Invesco NASDAQ Internet ETF by 0.3% during the 4th quarter. Truist Financial Corp now owns 73,784 shares of the company’s stock worth $3,445,000 after buying an additional 228 shares during the period. Hemington Wealth Management increased its stake in Invesco NASDAQ Internet ETF by 47.3% during the 4th quarter. Hemington Wealth Management now owns 866 shares of the company’s stock worth $40,000 after buying an additional 278 shares during the period. KKM Financial LLC increased its stake in Invesco NASDAQ Internet ETF by 4.4% during the 3rd quarter. KKM Financial LLC now owns 7,200 shares of the company’s stock worth $313,000 after buying an additional 303 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in Invesco NASDAQ Internet ETF by 2.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 28,781 shares of the company’s stock worth $1,344,000 after buying an additional 776 shares during the period.

Invesco NASDAQ Internet ETF Trading Up 1.4 %

Shares of NASDAQ:PNQI opened at $45.62 on Tuesday. Invesco NASDAQ Internet ETF has a 52 week low of $36.00 and a 52 week high of $51.32. The company’s 50 day moving average is $48.19 and its two-hundred day moving average is $46.10. The company has a market cap of $811.58 million, a PE ratio of 29.10 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.