Bank of America Corp DE Has $5.74 Million Stock Position in Invesco NASDAQ Internet ETF $PNQI

Bank of America Corp DE reduced its holdings in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 47.9% in the 1st quarter, Holdings Channel reports. The fund owned 128,228 shares of the company’s stock after selling 118,120 shares during the period. Bank of America Corp DE’s holdings in Invesco NASDAQ Internet ETF were worth $5,736,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. GWN Securities Inc. increased its holdings in shares of Invesco NASDAQ Internet ETF by 6.4% in the 4th quarter. GWN Securities Inc. now owns 6,304 shares of the company’s stock valued at $340,000 after purchasing an additional 381 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Invesco NASDAQ Internet ETF by 4.7% during the second quarter. Tower Research Capital LLC TRC now owns 8,900 shares of the company’s stock worth $465,000 after purchasing an additional 401 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco NASDAQ Internet ETF by 5.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 9,008 shares of the company’s stock worth $486,000 after purchasing an additional 440 shares during the period. Kovack Advisors Inc. grew its position in Invesco NASDAQ Internet ETF by 3.5% during the fourth quarter. Kovack Advisors Inc. now owns 13,806 shares of the company’s stock valued at $745,000 after purchasing an additional 462 shares in the last quarter. Finally, Lido Advisors LLC grew its position in Invesco NASDAQ Internet ETF by 2.5% during the fourth quarter. Lido Advisors LLC now owns 20,404 shares of the company’s stock valued at $1,118,000 after purchasing an additional 493 shares in the last quarter.

Invesco NASDAQ Internet ETF Stock Performance

Invesco NASDAQ Internet ETF stock opened at $52.21 on Thursday. Invesco NASDAQ Internet ETF has a twelve month low of $42.80 and a twelve month high of $57.22. The firm has a market cap of $556.04 million, a PE ratio of 30.49 and a beta of 1.23. The firm’s 50 day moving average price is $48.77 and its two-hundred day moving average price is $47.72.

Invesco NASDAQ Internet ETF Company 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.