GFG Capital LLC Sells 111,762 Shares of Invesco China Technology ETF $CQQQ

GFG Capital LLC lessened its position in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) by 57.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 84,425 shares of the company’s stock after selling 111,762 shares during the quarter. Invesco China Technology ETF accounts for approximately 1.2% of GFG Capital LLC’s investment portfolio, making the stock its 25th largest holding. GFG Capital LLC’s holdings in Invesco China Technology ETF were worth $4,815,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Heritage Wealth Advisors acquired a new position in shares of Invesco China Technology ETF in the fourth quarter valued at $30,000. Manchester Capital Management LLC acquired a new stake in Invesco China Technology ETF during the fourth quarter worth $34,000. Zions Bancorporation National Association UT acquired a new stake in Invesco China Technology ETF during the fourth quarter worth $52,000. Advisory Services Network LLC acquired a new stake in Invesco China Technology ETF during the third quarter worth $60,000. Finally, Comerica Bank bought a new stake in Invesco China Technology ETF in the 4th quarter valued at $61,000.

Invesco China Technology ETF Stock Performance

Shares of CQQQ stock opened at $47.44 on Wednesday. Invesco China Technology ETF has a 52-week low of $44.29 and a 52-week high of $61.20. The stock has a market cap of $2.88 billion, a price-to-earnings ratio of 20.61 and a beta of 0.63. The firm has a fifty day moving average of $51.16 and a 200-day moving average of $51.00.

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).