Harbor Investment Advisory LLC Sells 250 Shares of Invesco NASDAQ Internet ETF $PNQI

Harbor Investment Advisory LLC trimmed its position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 1.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,315 shares of the company’s stock after selling 250 shares during the period. Harbor Investment Advisory LLC owned 0.12% of Invesco NASDAQ Internet ETF worth $1,061,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of PNQI. Ameriprise Financial Inc. grew its holdings in Invesco NASDAQ Internet ETF by 46.7% during the fourth quarter. Ameriprise Financial Inc. now owns 60,723 shares of the company’s stock valued at $2,835,000 after purchasing an additional 19,337 shares during the period. Cetera Investment Advisers grew its holdings in Invesco NASDAQ Internet ETF by 2.2% during the fourth quarter. Cetera Investment Advisers now owns 21,404 shares of the company’s stock valued at $999,000 after purchasing an additional 455 shares during the period. Two Sigma Investments LP bought a new position in Invesco NASDAQ Internet ETF during the fourth quarter valued at $2,554,000. Wealth Enhancement Advisory Services LLC bought a new position in Invesco NASDAQ Internet ETF during the fourth quarter valued at $634,000. Finally, Brighton Jones LLC bought a new position in Invesco NASDAQ Internet ETF during the first quarter valued at $315,000.

Invesco NASDAQ Internet ETF Price Performance

Invesco NASDAQ Internet ETF stock opened at $55.31 on Friday. Invesco NASDAQ Internet ETF has a one year low of $37.75 and a one year high of $55.66. The business has a fifty day moving average price of $53.23 and a 200-day moving average price of $48.99. The firm has a market capitalization of $820.25 million, a P/E ratio of 30.49 and a beta of 1.15.

Invesco NASDAQ Internet ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were issued a $0.009 dividend. The ex-dividend date of this dividend was Monday, June 23rd. This is an increase from Invesco NASDAQ Internet ETF’s previous quarterly dividend of $0.01. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.1%.

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.