Citigroup Inc. Boosts Stock Position in Invesco Golden Dragon China ETF (NASDAQ:PGJ)

Citigroup Inc. raised its holdings in Invesco Golden Dragon China ETF (NASDAQ:PGJ) by 515.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,299 shares of the company’s stock after purchasing an additional 7,788 shares during the period. Citigroup Inc. owned about 0.15% of Invesco Golden Dragon China ETF worth $252,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. MML Investors Services LLC grew its stake in Invesco Golden Dragon China ETF by 6.0% in the second quarter. MML Investors Services LLC now owns 9,578 shares of the company’s stock worth $255,000 after purchasing an additional 545 shares in the last quarter. LPL Financial LLC raised its stake in Invesco Golden Dragon China ETF by 5.9% during the second quarter. LPL Financial LLC now owns 10,790 shares of the company’s stock valued at $352,000 after buying an additional 598 shares in the last quarter. Stifel Financial Corp raised its stake in Invesco Golden Dragon China ETF by 2.0% during the third quarter. Stifel Financial Corp now owns 80,343 shares of the company’s stock valued at $2,174,000 after buying an additional 1,548 shares in the last quarter. Salem Investment Counselors Inc. acquired a new stake in Invesco Golden Dragon China ETF during the fourth quarter valued at approximately $44,000. Finally, Bank of America Corp DE raised its stake in Invesco Golden Dragon China ETF by 8.8% during the first quarter. Bank of America Corp DE now owns 20,868 shares of the company’s stock valued at $605,000 after buying an additional 1,680 shares in the last quarter.

Invesco Golden Dragon China ETF Price Performance

Shares of NASDAQ PGJ opened at $24.51 on Thursday. The stock’s 50 day moving average price is $24.10 and its two-hundred day moving average price is $25.25. Invesco Golden Dragon China ETF has a 52-week low of $21.31 and a 52-week high of $32.07. The stock has a market capitalization of $138.48 million, a P/E ratio of 43.14 and a beta of 0.58.

About Invesco Golden Dragon China ETF

The Invesco Golden Dragon China ETF (PGJ) is an exchange-traded fund that is based on the NASDAQ Golden Dragon China index, a market-cap-weighted index of Chinese stocks. PGJ was launched on Dec 9, 2004 and is managed by Invesco.