Hemington Wealth Management Purchases 278 Shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Hemington Wealth Management increased its holdings in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 47.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 866 shares of the company’s stock after buying an additional 278 shares during the period. Hemington Wealth Management’s holdings in Invesco NASDAQ Internet ETF were worth $40,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James & Associates boosted its position in Invesco NASDAQ Internet ETF by 0.7% in the third quarter. Raymond James & Associates now owns 102,343 shares of the company’s stock worth $4,447,000 after purchasing an additional 689 shares during the last quarter. FMR LLC raised its stake in shares of Invesco NASDAQ Internet ETF by 53.1% during the 3rd quarter. FMR LLC now owns 20,909 shares of the company’s stock worth $908,000 after purchasing an additional 7,251 shares during the period. Allworth Financial LP bought a new stake in shares of Invesco NASDAQ Internet ETF during the 3rd quarter worth $43,000. JPMorgan Chase & Co. boosted its holdings in shares of Invesco NASDAQ Internet ETF by 29.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,430 shares of the company’s stock worth $323,000 after buying an additional 1,680 shares during the last quarter. Finally, Bank of Montreal Can bought a new position in Invesco NASDAQ Internet ETF during the third quarter valued at about $5,401,000.

Invesco NASDAQ Internet ETF Stock Performance

NASDAQ PNQI opened at $50.92 on Friday. The company has a market capitalization of $905.87 million, a PE ratio of 8.95 and a beta of 1.15. Invesco NASDAQ Internet ETF has a 52-week low of $36.00 and a 52-week high of $50.95. The company has a 50-day simple moving average of $48.26 and a 200 day simple moving average of $44.80.

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.