Migdal Insurance & Financial Holdings Ltd. Takes Position in Invesco China Technology ETF $CQQQ

Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,825,600 shares of the company’s stock, valued at approximately $94,931,000.

Several other large investors also recently modified their holdings of the business. Evergreen Capital Management LLC grew its stake in shares of Invesco China Technology ETF by 7.9% during the fourth quarter. Evergreen Capital Management LLC now owns 237,496 shares of the company’s stock valued at $12,350,000 after acquiring an additional 17,379 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Invesco China Technology ETF by 156.2% during the fourth quarter. Farther Finance Advisors LLC now owns 16,523 shares of the company’s stock valued at $859,000 after acquiring an additional 10,073 shares in the last quarter. Banque Pictet & Cie SA grew its stake in shares of Invesco China Technology ETF by 33.3% during the fourth quarter. Banque Pictet & Cie SA now owns 327,973 shares of the company’s stock valued at $17,055,000 after acquiring an additional 81,946 shares in the last quarter. J. Safra Sarasin Holding AG grew its stake in shares of Invesco China Technology ETF by 2.3% during the fourth quarter. J. Safra Sarasin Holding AG now owns 18,760 shares of the company’s stock valued at $976,000 after acquiring an additional 430 shares in the last quarter. Finally, Uhlmann Price Securities LLC grew its stake in shares of Invesco China Technology ETF by 1.5% during the fourth quarter. Uhlmann Price Securities LLC now owns 13,477 shares of the company’s stock valued at $701,000 after acquiring an additional 203 shares in the last quarter.

Invesco China Technology ETF Stock Performance

NYSEARCA:CQQQ opened at $49.33 on Wednesday. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of 20.61 and a beta of 0.57. Invesco China Technology ETF has a one year low of $40.39 and a one year high of $61.20. The stock has a 50-day simple moving average of $49.32 and a 200 day simple moving average of $52.74.

About Invesco China Technology ETF

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).