SeaCrest Wealth Management LLC increased its stake in Invesco NASDAQ Internet ETF (NASDAQ: PNQI) by 55.5% in the first quarter, according to a recent Form 13F filing with the Securities & Exchange Commission. The institutional investor now owns 16,618 shares of the company’s stock, representing approximately 0.09% of the total value of Invesco NASDAQ Internet ETF.
Other large investors have also made adjustments to their holdings in the company. Principal Securities Inc. acquired a new position in the fourth quarter, while Sunbelt Securities Inc., Westside Investment Management Inc., PNC Financial Services Group Inc., and Citigroup Inc. all increased their holdings in the third quarter.
Invesco NASDAQ Internet ETF stock saw a slight increase of 0.2%, opening at $41.58 on Thursday. The stock has a 52-week range of $28.84 to $41.63, with a 50-day moving average of $39.98 and a 200-day moving average of $38.80. The company has a market capitalization of $790.85 million, a PE ratio of 8.95, and a beta of 1.15.
Managed by Invesco, the Invesco NASDAQ Internet ETF (PNQI) is an exchange-traded fund based on the NASDAQ Internet index, which includes US-listed Internet companies. Launched on June 12, 2008, PNQI offers investors exposure to the Internet sector.
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