Invesco China Technology ETF $CQQQ Shares Sold by GFG Capital LLC

GFG Capital LLC lowered its holdings in Invesco China Technology ETF (NYSEARCA:CQQQ) by 7.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 177,828 shares of the company’s stock after selling 15,010 shares during the quarter. Invesco China Technology ETF comprises approximately 3.3% of GFG Capital LLC’s holdings, making the stock its 9th biggest holding. GFG Capital LLC’s holdings in Invesco China Technology ETF were worth $9,247,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CQQQ. Cetera Investment Advisers raised its position in shares of Invesco China Technology ETF by 98.3% in the second quarter. Cetera Investment Advisers now owns 29,505 shares of the company’s stock valued at $1,306,000 after buying an additional 14,626 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Invesco China Technology ETF by 440.3% in the third quarter. JPMorgan Chase & Co. now owns 150,116 shares of the company’s stock valued at $8,858,000 after buying an additional 122,333 shares during the period. Bank Pictet & Cie Europe AG grew its position in Invesco China Technology ETF by 138.0% during the third quarter. Bank Pictet & Cie Europe AG now owns 24,974 shares of the company’s stock worth $1,474,000 after buying an additional 14,479 shares in the last quarter. Synergy Asset Management LLC acquired a new stake in Invesco China Technology ETF during the third quarter worth approximately $2,477,000. Finally, Trek Financial LLC bought a new position in Invesco China Technology ETF during the 3rd quarter worth $18,848,000.

Invesco China Technology ETF Price Performance

Invesco China Technology ETF stock opened at $46.02 on Wednesday. The firm has a market cap of $2.60 billion, a PE ratio of 20.61 and a beta of 0.43. The stock’s fifty day moving average price is $51.67 and its two-hundred day moving average price is $53.81. Invesco China Technology ETF has a one year low of $35.62 and a one year high of $61.20.

Invesco China Technology ETF Company 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).