First Growth Capital LLC acquired a new position in shares of Invesco China Technology ETF (NYSEARCA:CQQQ – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 10,040 shares of the company’s stock, valued at approximately $542,000.
A number of other institutional investors and hedge funds have also made changes to their positions in CQQQ. Heritage Wealth Advisors acquired a new position in Invesco China Technology ETF in the fourth quarter valued at $30,000. Manchester Capital Management LLC acquired a new stake in Invesco China Technology ETF during the fourth quarter worth about $34,000. Zions Bancorporation National Association UT acquired a new stake in Invesco China Technology ETF during the fourth quarter worth about $52,000. Advisory Services Network LLC purchased a new position in shares of Invesco China Technology ETF in the 3rd quarter worth about $60,000. Finally, Comerica Bank purchased a new position in shares of Invesco China Technology ETF in the 4th quarter worth about $61,000.
Invesco China Technology ETF Price Performance
NYSEARCA CQQQ opened at $55.08 on Friday. The firm has a market capitalization of $2.97 billion, a P/E ratio of 20.61 and a beta of 0.62. Invesco China Technology ETF has a 1-year low of $41.88 and a 1-year high of $61.20. The business’s 50-day simple moving average is $51.77 and its 200-day simple moving average is $52.00.
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).
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