Cetera Investment Advisers Boosts Stock Holdings in Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

Cetera Investment Advisers boosted its holdings in Invesco NASDAQ Internet ETF (NASDAQ:PNQIFree Report) by 2.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 21,877 shares of the company’s stock after purchasing an additional 473 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco NASDAQ Internet ETF were worth $965,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of PNQI. Raymond James Financial Inc. purchased a new position in Invesco NASDAQ Internet ETF in the fourth quarter valued at $7,875,000. Two Sigma Investments LP purchased a new position in Invesco NASDAQ Internet ETF in the fourth quarter valued at $2,554,000. Goodman Advisory Group LLC purchased a new position in Invesco NASDAQ Internet ETF in the first quarter valued at $2,133,000. Wells Fargo & Company MN increased its holdings in Invesco NASDAQ Internet ETF by 11.5% in the fourth quarter. Wells Fargo & Company MN now owns 235,597 shares of the company’s stock valued at $11,000,000 after buying an additional 24,340 shares during the last quarter. Finally, Efficient Advisors LLC purchased a new position in Invesco NASDAQ Internet ETF in the first quarter valued at $986,000.

Invesco NASDAQ Internet ETF Price Performance

NASDAQ:PNQI opened at $53.51 on Wednesday. The firm has a market capitalization of $793.55 million, a PE ratio of 30.49 and a beta of 1.15. The business’s fifty day moving average price is $51.59 and its 200 day moving average price is $48.30. Invesco NASDAQ Internet ETF has a 12 month low of $37.75 and a 12 month high of $53.53.

Invesco NASDAQ Internet ETF Increases Dividend

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

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.

Featured Stories

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)

Receive News & Ratings for Invesco NASDAQ Internet ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ Internet ETF and related companies with MarketBeat.com's FREE daily email newsletter.