Mirae Asset Global Investments Co. Ltd. purchased a new stake in Invesco China Technology ETF (NYSEARCA:CQQQ – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 14,583 shares of the company’s stock, valued at approximately $655,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Manchester Capital Management LLC bought a new stake in shares of Invesco China Technology ETF in the 3rd quarter valued at $29,000. Group One Trading LLC lifted its position in shares of 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 valued at $99,000 after acquiring an additional 1,962 shares during the period. Finley Financial LLC boosted its stake in Invesco China Technology ETF by 54.6% during the second quarter. Finley Financial LLC now owns 2,010 shares of the company’s stock worth $115,000 after acquiring an additional 710 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in Invesco China Technology ETF during the second quarter worth $139,000. Finally, Triumph Capital Management boosted its stake in Invesco China Technology ETF by 16.6% during the third quarter. Triumph Capital Management now owns 4,353 shares of the company’s stock worth $195,000 after acquiring an additional 619 shares in the last quarter.
Invesco China Technology ETF Stock Performance
NYSEARCA:CQQQ opened at $40.19 on Monday. The stock has a market capitalization of $1.83 billion, a price-to-earnings ratio of 20.61 and a beta of 0.64. The firm has a fifty day simple moving average of $43.97 and a two-hundred day simple moving average of $49.74. Invesco China Technology ETF has a 12 month low of $37.58 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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