Columbus Macro LLC Makes New Investment in Invesco China Technology ETF $CQQQ

Columbus Macro LLC purchased a new position in Invesco China Technology ETF (NYSEARCA:CQQQ) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 34,924 shares of the company’s stock, valued at approximately $1,545,000.

Other hedge funds have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. bought a new position in shares of Invesco China Technology ETF in the first quarter worth approximately $243,000. LPL Financial LLC boosted its position in shares of Invesco China Technology ETF by 11.9% in the first quarter. LPL Financial LLC now owns 61,902 shares of the company’s stock worth $2,743,000 after purchasing an additional 6,598 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Invesco China Technology ETF by 496.2% in the first quarter. Envestnet Asset Management Inc. now owns 59,589 shares of the company’s stock worth $2,640,000 after purchasing an additional 49,595 shares during the period. Partners Capital Investment Group LLP bought a new position in shares of Invesco China Technology ETF in the first quarter worth approximately $600,000. Finally, Farther Finance Advisors LLC bought a new position in shares of Invesco China Technology ETF in the second quarter worth approximately $142,000.

Invesco China Technology ETF Price Performance

CQQQ opened at $59.67 on Thursday. The firm has a market cap of $2.66 billion, a P/E ratio of 20.61 and a beta of 0.64. Invesco China Technology ETF has a 1-year low of $35.62 and a 1-year high of $61.20. The company has a 50 day simple moving average of $53.17 and a two-hundred day simple moving average of $46.49.

Invesco China Technology ETF Profile

Guggenheim China Technology ETF (the Fund), formerly Claymore China Technology ETF, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the AlphaShares China Technology Index (the Index). The Fund will invest at least 80% of its total assets in common stock, American depositary receipts (ADRs), American depositary shares (ADSs), global depositary receipts (GDRs) and international depositary receipts (IDRs) that comprise the Index and depositary receipts or shares representing common stocks included in the Index (or underlying securities representing ADRs, ADSs, GDRs and IDRs included in the Index).