JPMorgan Chase & Co. Buys 1,680 Shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

JPMorgan Chase & Co. grew its stake in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 29.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,430 shares of the company’s stock after acquiring an additional 1,680 shares during the period. JPMorgan Chase & Co.’s holdings in Invesco NASDAQ Internet ETF were worth $323,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Allworth Financial LP purchased a new position in Invesco NASDAQ Internet ETF in the third quarter valued at approximately $43,000. KKM Financial LLC lifted its position in shares of Invesco NASDAQ Internet ETF by 4.4% during the 3rd quarter. KKM Financial LLC now owns 7,200 shares of the company’s stock valued at $313,000 after buying an additional 303 shares during the last quarter. Creative Planning grew its stake in shares of Invesco NASDAQ Internet ETF by 5.3% during the 2nd quarter. Creative Planning now owns 11,630 shares of the company’s stock worth $478,000 after acquiring an additional 583 shares during the period. Benjamin Edwards Inc. purchased a new stake in Invesco NASDAQ Internet ETF in the 3rd quarter worth about $687,000. Finally, FMR LLC increased its holdings in Invesco NASDAQ Internet ETF by 53.1% in the 3rd quarter. FMR LLC now owns 20,909 shares of the company’s stock worth $908,000 after acquiring an additional 7,251 shares during the last quarter.

Invesco NASDAQ Internet ETF Stock Up 0.5 %

NASDAQ PNQI opened at $49.90 on Friday. The company has a market cap of $901.19 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 $50.22. The firm’s 50-day simple moving average is $47.78 and its two-hundred day simple moving average is $44.15.

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.