Pinnacle (PNI) is held by 20 ASX ETFs. Over the last 3 months it fell 26.2%: on $10,000, −$2617. We explain 6 big moves in that time.
About PNI
- SectorFinancials
- IndustryFinancial Services
- Size$3.2b
- Held by20 ETFs
- Big moves6 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +7.4%29 Sep 2026· Operational
Pinnacle Investment Management shares rose sharply after news that trading in three affiliated Metrics funds was temporarily paused, likely triggering speculation about fund restructuring or asset consolidation that could benefit PNI as the parent entity.
- −3.9%28 Sep 2026· Operational
A market-sensitive metrics update released early today likely disappointed investors, triggering a sell-off in PNI shares.
- −10.7%1 Sep 2026· Dividend
Pinnacle Investment Management shares fell sharply, most likely due to an ex-dividend date causing the stock to trade without its upcoming dividend entitlement.
- +8.4%5 Aug 2026· Earnings Beat
Pinnacle Investment Management Group reported a strong FY26 result with 31% net profit growth, which drove the share price up.
- +7.5%4 Aug 2026· Macro
A strong rally in US markets the previous day lifted investor sentiment broadly, carrying over into this Australian financials stock at the open
- +5.8%31 Jul 2026· Macro
Broad market optimism driven by a strong prior-day US S&P 500 rally of 1.66% lifted this Australian financials stock, with modest additional support from a positive local financials sector.
Held by 20 ETFs
Of every $10,000 in each fund, how much is in PNI today.
- AQLTBetaShares Australian Quality ETF$1361.36%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$960.96%
- ISOiShares S&P/ASX Small Ordinaries ETF$950.95%
- VSOVanguard MSCI Australian Small Companies Index ETF$460.46%
- SYISTATE STREET SPDR MSCI AUS SELECT HIGH DIVIDEND YIELD ETF$330.33%
- OZFSTATE STREET SPDR S&P/ASX 200 FINANCIALS EX A-REIT ETF$300.30%
- ZYAUGlobal X S&P/ASX 200 High Dividend ETF$300.30%
- QFNBetaShares Australian Financials Sector ETF$290.29%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$260.26%
- GEARBetaShares Geared Australian Equities Complex ETF$230.23%
Why did PNI fall 10.7% on 1 Sep 2026?
Pinnacle
Pinnacle Investment Management shares fell sharply, most likely due to an ex-dividend date causing the stock to trade without its upcoming dividend entitlement.
No company announcement was filed in the relevant window, and sector and macro signals are all well below threshold and directionally inconsistent with a move of this magnitude (5.7x ATR). The most actionable evidence is a Kalkine article published on 25 August detailing an upcoming dividend with key dates, combined with a same-day Kalkine article noting unusual share price action on 1 September — consistent with the stock trading ex-dividend and the price falling by roughly the dividend amount. Volume at only 1.57x normal is modest for a shock news event but consistent with routine ex-date selling. Confidence is held at medium because the snippet content is truncated and no ASX announcement confirms the ex-date explicitly.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
News coverage
Sector / macro signals
What it did to the 20 ETFs holding PNI
On $10,000 in each fund, at the weight it holds today
- AQLT1.36% of the fund−$15
- SSO0.96% of the fund−$10
- ISO0.95% of the fund−$10
- VSO0.46% of the fund−$5
- SYI0.33% of the fund−$4
- OZF0.30% of the fund−$3
- ZYAU0.30% of the fund−$3
- QFN0.29% of the fund−$3
- EX200.26% of the fund−$3
- GEAR0.23% of the fund−$2
The 10 that hold it most. All 20 are listed on the page under Held by.