Sanctuary Advisors LLC Sells 1,515 Shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Sanctuary Advisors LLC cut its holdings in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,594 shares of the company’s stock after selling 1,515 shares during the period. Sanctuary Advisors LLC owned approximately 0.19% of Invesco NASDAQ Internet ETF worth $1,676,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Hemington Wealth Management grew its position in Invesco NASDAQ Internet ETF by 47.3% in the 4th quarter. Hemington Wealth Management now owns 866 shares of the company’s stock valued at $40,000 after purchasing an additional 278 shares during the period. Allworth Financial LP bought a new stake in shares of Invesco NASDAQ Internet ETF during the third quarter worth about $43,000. TruWealth Advisors LLC acquired a new stake in shares of Invesco NASDAQ Internet ETF in the 4th quarter worth about $202,000. Bank Hapoalim BM bought a new position in Invesco NASDAQ Internet ETF in the 4th quarter valued at about $215,000. Finally, KKM Financial LLC boosted its stake in 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 purchasing an additional 303 shares during the last quarter.

Invesco NASDAQ Internet ETF Stock Down 1.3 %

Shares of Invesco NASDAQ Internet ETF stock opened at $48.88 on Tuesday. Invesco NASDAQ Internet ETF has a 52 week low of $36.00 and a 52 week high of $51.32. The business has a 50 day moving average price of $48.51 and a 200-day moving average price of $45.43. The company has a market cap of $869.58 million, a PE ratio of 34.78 and a beta of 1.15.

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.