MML Investors Services LLC lifted its position in shares of Invesco NASDAQ Internet ETF (NASDAQ:PNQI) by 0.6% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,689 shares of the company’s stock after buying an additional 193 shares during the quarter. MML Investors Services LLC owned approximately 0.86% of Invesco NASDAQ Internet ETF worth $4,748,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Biltmore Family Office LLC bought a new stake in Invesco NASDAQ Internet ETF in the 2nd quarter valued at $38,000. Cetera Advisors LLC bought a new stake in Invesco NASDAQ Internet ETF in the 1st quarter valued at $37,000. Redhawk Wealth Advisors Inc. bought a new stake in Invesco NASDAQ Internet ETF in the 2nd quarter valued at $51,000. Coastal Investment Advisors Inc. increased its holdings in Invesco NASDAQ Internet ETF by 1,285.7% in the 2nd quarter. Coastal Investment Advisors Inc. now owns 582 shares of the company’s stock valued at $80,000 after acquiring an additional 540 shares during the last quarter. Finally, NEXT Financial Group Inc bought a new stake in Invesco NASDAQ Internet ETF in the 2nd quarter valued at $80,000.

NASDAQ PNQI traded up $0.18 on Friday, reaching $136.72. The company had a trading volume of 107 shares, compared to its average volume of 20,717. The firm’s 50 day moving average price is $135.26 and its 200 day moving average price is $135.84. Invesco NASDAQ Internet ETF has a 12 month low of $102.26 and a 12 month high of $144.17.

Read More: Understanding the Price to Earnings Ratio (PE)

Institutional Ownership by Quarter for Invesco NASDAQ Internet ETF (NASDAQ:PNQI)

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