Invesco Golden Dragon China ETF (NASDAQ:PGJ) Trading 0.7% Higher – What’s Next?

Invesco Golden Dragon China ETF (NASDAQ:PGJ) was up 0.7% on Monday . The stock traded as high as $25.67 and last traded at $25.66. Approximately 25,278 shares traded hands during mid-day trading, an increase of 0% from the average daily volume of 25,208 shares. The stock had previously closed at $25.49.

Invesco Golden Dragon China ETF Stock Performance

The stock has a market capitalization of $99.05 million, a P/E ratio of 14.18 and a beta of 0.45. The stock has a 50-day moving average price of $24.07 and a two-hundred day moving average price of $26.36.

Invesco Golden Dragon China ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.0685 per share. This represents a $0.27 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Monday, June 22nd.

Institutional Trading of Invesco Golden Dragon China ETF

Several large investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp boosted its holdings in Invesco Golden Dragon China ETF by 4.4% in the first quarter. Jones Financial Companies Lllp now owns 16,466 shares of the company’s stock valued at $488,000 after acquiring an additional 699 shares in the last quarter. IHT Wealth Management LLC raised its holdings in Invesco Golden Dragon China ETF by 2.5% in the 2nd quarter. IHT Wealth Management LLC now owns 49,612 shares of the company’s stock worth $1,408,000 after purchasing an additional 1,228 shares in the last quarter. Federation des caisses Desjardins du Quebec raised its holdings in Invesco Golden Dragon China ETF by 6.9% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 30,363 shares of the company’s stock worth $875,000 after purchasing an additional 1,947 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Invesco Golden Dragon China ETF by 12.4% in the 1st quarter. Royal Bank of Canada now owns 21,689 shares of the company’s stock worth $643,000 after purchasing an additional 2,401 shares during the period. Finally, Wells Fargo & Company MN lifted its position in shares of Invesco Golden Dragon China ETF by 20.9% in the 4th quarter. Wells Fargo & Company MN now owns 14,197 shares of the company’s stock worth $409,000 after purchasing an additional 2,451 shares during the period.

Invesco Golden Dragon China ETF Company Profile

The Invesco Golden Dragon China ETF (PGJ) is an exchange-traded fund that is based on the NASDAQ Golden Dragon China index, a market-cap-weighted index of Chinese stocks. PGJ was launched on Dec 9, 2004 and is managed by Invesco.