Hennion & Walsh Asset Management Inc. Sells 245 Shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Hennion & Walsh Asset Management Inc. lowered its position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQIFree Report) by 2.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,525 shares of the company’s stock after selling 245 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Invesco NASDAQ Internet ETF were worth $491,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. SeaCrest Wealth Management LLC increased its stake in shares of Invesco NASDAQ Internet ETF by 8.2% during the fourth quarter. SeaCrest Wealth Management LLC now owns 22,918 shares of the company’s stock worth $1,070,000 after purchasing an additional 1,739 shares during the period. Pallas Capital Advisors LLC bought a new position in shares of Invesco NASDAQ Internet ETF during the fourth quarter worth approximately $774,000. JPMorgan Chase & Co. increased its stake in shares of Invesco NASDAQ Internet ETF by 29.2% during the third quarter. JPMorgan Chase & Co. now owns 7,430 shares of the company’s stock worth $323,000 after purchasing an additional 1,680 shares during the period. Jane Street Group LLC increased its stake in shares of Invesco NASDAQ Internet ETF by 39.0% during the third quarter. Jane Street Group LLC now owns 373,571 shares of the company’s stock worth $16,232,000 after purchasing an additional 104,872 shares during the period. Finally, HighTower Advisors LLC increased its stake in shares of Invesco NASDAQ Internet ETF by 0.8% during the third quarter. HighTower Advisors LLC now owns 576,258 shares of the company’s stock worth $25,050,000 after purchasing an additional 4,833 shares during the period.

Invesco NASDAQ Internet ETF Trading Up 1.0 %

Shares of NASDAQ PNQI opened at $47.48 on Tuesday. The firm has a market cap of $848.94 million, a P/E ratio of 8.95 and a beta of 1.15. Invesco NASDAQ Internet ETF has a 1-year low of $35.71 and a 1-year high of $49.61. The business’s 50 day moving average is $47.44 and its 200-day moving average is $43.83.

About Invesco NASDAQ Internet ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding PNQI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ Internet ETF (NASDAQ:PNQIFree Report).

Institutional Ownership by Quarter for Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

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