IHT Wealth Management LLC decreased its stake in Invesco China Technology ETF (NYSEARCA:CQQQ – Free Report) by 56.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,196 shares of the company’s stock after selling 22,289 shares during the quarter. IHT Wealth Management LLC owned 0.09% of Invesco China Technology ETF worth $677,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in shares of Invesco China Technology ETF by 4.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 9,994 shares of the company’s stock worth $394,000 after acquiring an additional 403 shares during the period. Axxcess Wealth Management LLC raised its stake in shares of Invesco China Technology ETF by 5.0% in the 4th quarter. Axxcess Wealth Management LLC now owns 19,293 shares of the company’s stock valued at $760,000 after purchasing an additional 925 shares during the period. Union Bancaire Privee UBP SA bought a new stake in shares of Invesco China Technology ETF in the fourth quarter valued at about $59,000. Sycomore Asset Management boosted its position in shares of Invesco China Technology ETF by 320.7% during the fourth quarter. Sycomore Asset Management now owns 6,100 shares of the company’s stock worth $233,000 after buying an additional 4,650 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of Invesco China Technology ETF by 10.1% during the fourth quarter. LPL Financial LLC now owns 55,304 shares of the company’s stock worth $2,178,000 after buying an additional 5,052 shares in the last quarter.
Invesco China Technology ETF Stock Performance
NYSEARCA CQQQ opened at $41.61 on Friday. Invesco China Technology ETF has a 52 week low of $30.50 and a 52 week high of $50.98. The stock’s 50 day moving average price is $44.60 and its two-hundred day moving average price is $42.22. The stock has a market capitalization of $952.87 million, a price-to-earnings ratio of 19.04 and a beta of 0.46.
Invesco China Technology ETF Company 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).
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