Bank Pictet & Cie Europe AG purchased a new position in shares of Invesco China Technology ETF (NYSEARCA:CQQQ – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 58,185 shares of the company’s stock, valued at approximately $2,613,000.
A number of other institutional investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its stake in Invesco China Technology ETF by 23.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 10,218,668 shares of the company’s stock valued at $470,263,000 after buying an additional 1,911,051 shares during the last quarter. Meitav Investment House Ltd. lifted its position in shares of Invesco China Technology ETF by 9.9% during the 1st quarter. Meitav Investment House Ltd. now owns 1,066,020 shares of the company’s stock worth $49,058,000 after buying an additional 95,600 shares in the last quarter. Summit Rock Advisors LP bought a new position in shares of Invesco China Technology ETF during the 3rd quarter worth approximately $20,089,000. Bank of America Corp DE lifted its position in shares of Invesco China Technology ETF by 171.1% during the 1st quarter. Bank of America Corp DE now owns 207,995 shares of the company’s stock worth $9,572,000 after buying an additional 131,260 shares in the last quarter. Finally, Banque Pictet & Cie SA purchased a new position in shares of Invesco China Technology ETF in the 3rd quarter worth approximately $7,510,000.
Invesco China Technology ETF Price Performance
Shares of NYSEARCA CQQQ traded up $0.54 during midday trading on Tuesday, reaching $41.52. The company’s stock had a trading volume of 850,678 shares, compared to its average volume of 1,199,530. The stock has a market capitalization of $2.27 billion, a P/E ratio of 20.61 and a beta of 0.62. The firm has a 50 day moving average price of $46.80 and a 200-day moving average price of $50.12. Invesco China Technology ETF has a 12-month low of $40.97 and a 12-month high of $58.92.
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).
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