Bfsg LLC Makes New $3.23 Million Investment in Invesco China Technology ETF $CQQQ

Bfsg LLC bought a new stake in Invesco China Technology ETF (NYSEARCA:CQQQ) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 72,031 shares of the company’s stock, valued at approximately $3,234,000.

A number of other hedge funds have also modified their holdings of the business. Manchester Capital Management LLC acquired a new position in Invesco China Technology ETF during the third quarter worth $29,000. Group One Trading LLC increased its holdings in Invesco China Technology ETF by 1,001.0% in the 1st quarter. Group One Trading LLC now owns 2,158 shares of the company’s stock valued at $99,000 after purchasing an additional 1,962 shares during the last quarter. Finley Financial LLC grew its stake in shares of Invesco China Technology ETF by 54.6% in the second quarter. Finley Financial LLC now owns 2,010 shares of the company’s stock valued at $115,000 after buying an additional 710 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Invesco China Technology ETF in the second quarter valued at $139,000. Finally, Triumph Capital Management grew its stake in shares of Invesco China Technology ETF by 16.6% in the third quarter. Triumph Capital Management now owns 4,353 shares of the company’s stock valued at $195,000 after buying an additional 619 shares in the last quarter.

Invesco China Technology ETF Price Performance

Shares of NYSEARCA:CQQQ opened at $40.36 on Thursday. The firm has a market capitalization of $1.86 billion, a PE ratio of 20.61 and a beta of 0.64. The firm’s 50-day moving average is $44.31 and its two-hundred day moving average is $49.90. Invesco China Technology ETF has a 1 year low of $37.58 and a 1 year high of $58.92.

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).