Union Bancaire Privee UBP SA Grows Stake in Invesco China Technology ETF $CQQQ

Union Bancaire Privee UBP SA lifted its position in Invesco China Technology ETF (NYSEARCA:CQQQ) by 504.7% during the 1st quarter, HoldingsChannel reports. The firm owned 46,248 shares of the company’s stock after buying an additional 38,600 shares during the period. Union Bancaire Privee UBP SA’s holdings in Invesco China Technology ETF were worth $2,014,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Heritage Wealth Advisors purchased a new stake in shares of Invesco China Technology ETF in the fourth quarter worth $30,000. Manchester Capital Management LLC purchased a new position in Invesco China Technology ETF during the fourth quarter worth about $34,000. Zions Bancorporation National Association UT purchased a new position in Invesco China Technology ETF during the fourth quarter worth about $52,000. Advisory Services Network LLC purchased a new position in Invesco China Technology ETF during the third quarter worth about $60,000. Finally, Comerica Bank bought a new position in Invesco China Technology ETF in the 4th quarter worth about $61,000.

Invesco China Technology ETF Stock Down 0.9%

NYSEARCA:CQQQ opened at $54.19 on Friday. The business’s 50-day moving average price is $52.52 and its two-hundred day moving average price is $52.09. Invesco China Technology ETF has a twelve month low of $43.04 and a twelve month high of $61.20. The stock has a market cap of $2.92 billion, a P/E ratio of 20.61 and a beta of 0.62.

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).