Fisher Asset Management LLC Sells 65,754 Shares of Invesco NASDAQ Internet ETF $PNQI

Fisher Asset Management LLC lessened its holdings in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 3.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,694,690 shares of the company’s stock after selling 65,754 shares during the quarter. Fisher Asset Management LLC owned about 12.94% of Invesco NASDAQ Internet ETF worth $91,424,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Invesco NASDAQ Internet ETF by 2.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,095 shares of the company’s stock worth $550,000 after buying an additional 275 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Invesco NASDAQ Internet ETF by 39.3% in the third quarter. Allworth Financial LP now owns 1,393 shares of the company’s stock worth $78,000 after buying an additional 393 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Invesco NASDAQ Internet ETF by 4.7% in the second quarter. Tower Research Capital LLC TRC now owns 8,900 shares of the company’s stock worth $465,000 after buying an additional 401 shares in the last quarter. MML Investors Services LLC raised its stake in Invesco NASDAQ Internet ETF by 1.0% in the second quarter. MML Investors Services LLC now owns 52,049 shares of the company’s stock valued at $2,717,000 after purchasing an additional 494 shares in the last quarter. Finally, US Bancorp DE raised its stake in Invesco NASDAQ Internet ETF by 3.3% in the third quarter. US Bancorp DE now owns 16,512 shares of the company’s stock valued at $922,000 after purchasing an additional 526 shares in the last quarter.

Invesco NASDAQ Internet ETF Price Performance

Shares of PNQI opened at $48.17 on Tuesday. The firm’s 50 day simple moving average is $47.09 and its 200 day simple moving average is $50.03. The company has a market capitalization of $556.85 million, a P/E ratio of 30.49 and a beta of 1.25. Invesco NASDAQ Internet ETF has a 1-year low of $42.80 and a 1-year high of $57.22.

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.