Citadel Advisors LLC Acquires New Holdings in Invesco NASDAQ Internet ETF $PNQI

Citadel Advisors LLC bought a new stake in Invesco NASDAQ Internet ETF (NASDAQ:PNQI) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 24,787 shares of the company’s stock, valued at approximately $1,130,000.

A number of other institutional investors have also recently added to or reduced their stakes in PNQI. TD Waterhouse Canada Inc. acquired a new position in shares of Invesco NASDAQ Internet ETF during the 2nd quarter worth $3,512,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco NASDAQ Internet ETF by 797.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 76,907 shares of the company’s stock valued at $4,149,000 after purchasing an additional 68,339 shares in the last quarter. Odyssey Capital Advisors Inc. acquired a new stake in shares of Invesco NASDAQ Internet ETF in the 4th quarter valued at $554,000. Millennium Capital Advisors LLC acquired a new stake in shares of Invesco NASDAQ Internet ETF in the 4th quarter valued at $394,000. Finally, Triumph Capital Management bought a new stake in Invesco NASDAQ Internet ETF in the second quarter worth $81,000.

Invesco NASDAQ Internet ETF Trading Up 0.4%

Shares of NASDAQ:PNQI opened at $50.55 on Friday. The stock has a market capitalization of $538.36 million, a PE ratio of 30.49 and a beta of 1.24. Invesco NASDAQ Internet ETF has a 1 year low of $42.80 and a 1 year high of $57.22. The firm has a fifty day moving average price of $50.18 and a 200 day moving average price of $48.12.

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.