PNQI Stock Summary and Trading Ideas (Invesco Nasdaq Internet ETF | NASDAQ:PNQI)

The Invesco NASDAQ Internet ETF (Fund) is based on the NASDAQ Internet Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest and most liquid US-listed companies engaged in internet-related businesses and that are listed on one of the major US stock exchanges. The Underlying Index employs a modified market capitalization-weighted methodology based on the market capitalization ranking of the Underlying Index securities. The Fund and the Index are rebalanced and reconstituted quarterly.

Invesco Nasdaq Internet ETF trades on the NASDAQ stock market under the symbol PNQI.

As of February 28, 2025, PNQI stock price climbed to $48.12 with 47,671 million shares trading.

PNQI has a market cap of $860.87 million. This is considered a Small Cap stock.

In the last 3 years, PNQI traded as high as $51.32 and as low as $21.12.

PNQI has outperformed the market in the last year with a return of +24.2%, while the SPY ETF gained +18.8%. In the last 3 month period, PNQI beat the market returning +1.8%, while SPY returned -0.4%. However, in the most recent 2 weeks PNQI has underperformed the stock market by returning -5.9%, while SPY returned -2.5%.

PNQI support price is $46.85 and resistance is $48.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PNQI shares will trade within this expected range on the day.