Invesco NASDAQ Internet ETF (PNQI)
Invesco NASDAQ Internet ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $51.12, down 1.65% on the session, giving a market capitalisation of $515.3M. Its beta of 1.24 implies it has historically moved more than the broad market.
The Invesco NASDAQ Internet ETF (the Fund) aims to mirror the performance of the Nasdaq CTA Internet IndexSM. It typically invests a minimum of 90% of its total assets in the constituent securities of this Index. The Index itself is designed to track firms primarily engaged in internet-related activities, whose shares are listed on the New York Stock Exchange (NYSE), NYSE American, Cboe Exchange, or The Nasdaq Stock Market. As defined by the Consumer Technology Association (CTA), these businesses deliver a variety of internet-centric services, including but not limited to internet software, search engines, web hosting, website design, and online retail commerce. Both the Fund and its benchmark Index undergo quarterly rebalancing and reconstitution.
Invesco NASDAQ Internet ETF is most often compared with the following Financial Services names: