Strategic Financial Concepts LLC Purchases New Position in Invesco China Technology ETF (NYSEARCA:CQQQ)

Strategic Financial Concepts LLC purchased a new stake in Invesco China Technology ETF (NYSEARCA:CQQQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 34,458 shares of the company’s stock, valued at approximately $1,357,000. Strategic Financial Concepts LLC owned approximately 0.18% of Invesco China Technology ETF as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Union Bancaire Privee UBP SA bought a new stake in Invesco China Technology ETF during the fourth quarter worth approximately $59,000. Ground Swell Capital LLC acquired a new position in shares of Invesco China Technology ETF during the third quarter worth approximately $221,000. Pictet North America Advisors SA acquired a new position in shares of Invesco China Technology ETF during the third quarter worth approximately $225,000. DRW Securities LLC acquired a new position in shares of Invesco China Technology ETF during the third quarter worth approximately $343,000. Finally, Private Advisor Group LLC raised its stake 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 in the last quarter.

Invesco China Technology ETF Trading Up 2.9 %

Shares of NYSEARCA CQQQ opened at $44.73 on Tuesday. The business has a fifty day simple moving average of $40.12 and a 200 day simple moving average of $38.13. The firm has a market capitalization of $847.63 million, a price-to-earnings ratio of 19.03 and a beta of 1.22. Invesco China Technology ETF has a one year low of $29.88 and a one year high of $50.98.

Invesco China Technology ETF Profile

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).