Sycomore Asset Management Boosts Stock Position in Invesco China Technology ETF (NYSEARCA:CQQQ)

Sycomore Asset Management grew its holdings in Invesco China Technology ETF (NYSEARCA:CQQQ) by 320.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,100 shares of the company’s stock after purchasing an additional 4,650 shares during the period. Sycomore Asset Management’s holdings in Invesco China Technology ETF were worth $233,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Private Advisor Group LLC boosted its holdings in shares of Invesco China Technology ETF by 19.0% in the third quarter. Private Advisor Group LLC now owns 11,273 shares of the company’s stock valued at $465,000 after purchasing an additional 1,802 shares during the period. Pictet North America Advisors SA purchased a new stake in shares of Invesco China Technology ETF in the 3rd quarter worth $225,000. DRW Securities LLC bought a new position in shares of Invesco China Technology ETF during the 3rd quarter worth $343,000. Union Bancaire Privee UBP SA purchased a new position in shares of Invesco China Technology ETF during the fourth quarter valued at $59,000. Finally, Flow Traders U.S. LLC raised its holdings in shares of Invesco China Technology ETF by 101.0% in the third quarter. Flow Traders U.S. LLC now owns 36,150 shares of the company’s stock valued at $1,491,000 after acquiring an additional 18,168 shares in the last quarter.

Invesco China Technology ETF Price Performance

NYSEARCA:CQQQ opened at $43.45 on Monday. Invesco China Technology ETF has a 1-year low of $29.70 and a 1-year high of $50.98. The company has a 50-day moving average of $40.12 and a 200 day moving average of $38.09. The firm has a market cap of $823.38 million, a PE ratio of 19.03 and a beta of 1.22.

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).