Summit Rock Advisors LP bought a new position in shares of Invesco China Technology ETF (NYSEARCA:CQQQ – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 447,427 shares of the company’s stock, valued at approximately $20,089,000. Invesco China Technology ETF makes up approximately 42.8% of Summit Rock Advisors LP’s investment portfolio, making the stock its 2nd largest position. Summit Rock Advisors LP owned about 0.81% of Invesco China Technology ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently modified their holdings of the stock. Finley Financial LLC lifted its stake in Invesco China Technology ETF by 54.6% in the 2nd 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. Group One Trading LLC increased its stake in Invesco China Technology ETF by 1,001.0% during the 1st quarter. Group One Trading LLC now owns 2,158 shares of the company’s stock worth $99,000 after buying an additional 1,962 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Invesco China Technology ETF during the 2nd quarter worth approximately $139,000. Triumph Capital Management increased its stake in Invesco China Technology ETF by 66.8% during the 2nd quarter. Triumph Capital Management now owns 3,734 shares of the company’s stock worth $213,000 after buying an additional 1,496 shares in the last quarter. Finally, Wellington Altus USA Inc. acquired a new position in shares of Invesco China Technology ETF during the second quarter valued at approximately $246,000.
Invesco China Technology ETF Price Performance
Shares of Invesco China Technology ETF stock opened at $41.98 on Friday. The stock has a market capitalization of $2.31 billion, a P/E ratio of 20.61 and a beta of 0.62. The business has a 50 day simple moving average of $47.28 and a two-hundred day simple moving average of $50.18. Invesco China Technology ETF has a 12 month low of $41.30 and a 12 month high of $58.92.
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).
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