PNC Financial Services Group Inc. Purchases 3,415,527 Shares of Invesco China Technology ETF $CQQQ

PNC Financial Services Group Inc. grew its position in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) by 69.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,307,617 shares of the company’s stock after buying an additional 3,415,527 shares during the period. PNC Financial Services Group Inc. owned 14.73% of Invesco China Technology ETF worth $431,996,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC bought a new stake in Invesco China Technology ETF in the 3rd quarter valued at about $34,000. Advisory Services Network LLC purchased a new position in shares of Invesco China Technology ETF in the third quarter worth about $60,000. Comerica Bank bought a new stake in shares of Invesco China Technology ETF in the fourth quarter valued at approximately $61,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Invesco China Technology ETF in the third quarter valued at approximately $79,000. Finally, Stelac Advisory Services LLC purchased a new stake in shares of Invesco China Technology ETF during the 3rd quarter valued at approximately $124,000.

Invesco China Technology ETF Trading Up 1.0%

Invesco China Technology ETF stock opened at $52.75 on Wednesday. Invesco China Technology ETF has a 1-year low of $40.39 and a 1-year high of $61.20. The firm has a 50 day simple moving average of $49.28 and a 200 day simple moving average of $52.14. The firm has a market capitalization of $2.84 billion, a price-to-earnings ratio of 20.61 and a beta of 0.62.

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).