Jessup Wealth Management Inc Acquires Shares of 134,693 Invesco China Technology ETF $CQQQ

Jessup Wealth Management Inc acquired a new stake in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 134,693 shares of the company’s stock, valued at approximately $7,004,000. Invesco China Technology ETF comprises 2.3% of Jessup Wealth Management Inc’s portfolio, making the stock its 13th largest holding. Jessup Wealth Management Inc owned approximately 0.24% of Invesco China Technology ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CQQQ. PNC Financial Services Group Inc. purchased a new stake in Invesco China Technology ETF during the 3rd quarter valued at approximately $288,682,000. Bank of Nova Scotia purchased a new stake in Invesco China Technology ETF during the 3rd quarter valued at approximately $119,817,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Invesco China Technology ETF during the 4th quarter valued at approximately $94,931,000. Citadel Advisors LLC raised its stake in Invesco China Technology ETF by 5,111.4% during the 3rd quarter. Citadel Advisors LLC now owns 1,086,309 shares of the company’s stock valued at $64,103,000 after acquiring an additional 1,065,464 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in Invesco China Technology ETF during the 3rd quarter valued at approximately $46,920,000.

Invesco China Technology ETF Stock Down 0.8%

CQQQ opened at $51.30 on Thursday. The business has a 50 day moving average price of $50.85 and a two-hundred day moving average price of $51.95. The company has a market cap of $2.77 billion, a PE ratio of 20.61 and a beta of 0.62. Invesco China Technology ETF has a 52 week low of $41.88 and a 52 week high of $61.20.

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).