Carr Financial Group Corp Grows Stock Holdings in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Carr Financial Group Corp increased its stake in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 14.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,680 shares of the company’s stock after buying an additional 1,965 shares during the quarter. Carr Financial Group Corp owned about 0.09% of Invesco NASDAQ Internet ETF worth $732,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PNQI. TruWealth Advisors LLC purchased a new stake in Invesco NASDAQ Internet ETF in the 4th quarter valued at approximately $202,000. Grant GrossMendelsohn LLC purchased a new stake in Invesco NASDAQ Internet ETF in the 4th quarter valued at approximately $3,151,000. SeaCrest Wealth Management LLC boosted its holdings in Invesco NASDAQ Internet ETF by 8.2% in the 4th quarter. SeaCrest Wealth Management LLC now owns 22,918 shares of the company’s stock valued at $1,070,000 after purchasing an additional 1,739 shares in the last quarter. Pallas Capital Advisors LLC purchased a new stake in Invesco NASDAQ Internet ETF in the 4th quarter valued at approximately $774,000. Finally, JPMorgan Chase & Co. boosted its holdings in Invesco NASDAQ Internet ETF by 29.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,430 shares of the company’s stock valued at $323,000 after purchasing an additional 1,680 shares in the last quarter.

Invesco NASDAQ Internet ETF Trading Up 0.3 %

Shares of PNQI opened at $48.66 on Friday. Invesco NASDAQ Internet ETF has a twelve month low of $36.00 and a twelve month high of $49.61. The stock’s 50 day moving average is $47.58 and its two-hundred day moving average is $43.98. The firm has a market capitalization of $870.04 million, a PE ratio of 8.95 and a beta of 1.15.

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.