LPL Financial LLC Sells 42,945 Shares of Invesco Golden Dragon China ETF (NASDAQ:PGJ)

LPL Financial LLC decreased its holdings in shares of Invesco Golden Dragon China ETF (NASDAQ:PGJ) by 51.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,033 shares of the company’s stock after selling 42,945 shares during the period. LPL Financial LLC owned approximately 0.62% of Invesco Golden Dragon China ETF worth $1,093,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Citigroup Inc. boosted its stake in Invesco Golden Dragon China ETF by 11.4% during the first quarter. Citigroup Inc. now owns 14,468 shares of the company’s stock valued at $419,000 after buying an additional 1,481 shares during the period. Salem Investment Counselors Inc. bought a new stake in Invesco Golden Dragon China ETF during the fourth quarter worth about $44,000. Level Four Advisory Services LLC lifted its stake in Invesco Golden Dragon China ETF by 19.4% during the second quarter. Level Four Advisory Services LLC now owns 10,022 shares of the company’s stock worth $267,000 after purchasing an additional 1,628 shares during the last quarter. Bank of America Corp DE lifted its stake in Invesco Golden Dragon China ETF by 8.8% during the first quarter. Bank of America Corp DE now owns 20,868 shares of the company’s stock worth $605,000 after purchasing an additional 1,680 shares during the last quarter. Finally, IHT Wealth Management LLC lifted its stake in Invesco Golden Dragon China ETF by 3.6% during the first quarter. IHT Wealth Management LLC now owns 98,834 shares of the company’s stock worth $2,934,000 after purchasing an additional 3,479 shares during the last quarter.

Invesco Golden Dragon China ETF Price Performance

Shares of PGJ stock opened at $26.21 on Friday. The business has a 50-day moving average price of $26.34 and a two-hundred day moving average price of $27.22. Invesco Golden Dragon China ETF has a 12-month low of $22.66 and a 12-month high of $33.93. The firm has a market cap of $163.81 million, a P/E ratio of 43.14 and a beta of 0.58.

Invesco Golden Dragon China ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Tuesday, September 19th were paid a dividend of $0.1441 per share. This represents a $0.58 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend was Monday, September 18th.

Invesco Golden Dragon China ETF Company Profile

The Invesco Golden Dragon China ETF (PGJ) is an exchange-traded fund that is based on the NASDAQ Golden Dragon China index, a market-cap-weighted index of Chinese stocks. PGJ was launched on Dec 9, 2004 and is managed by Invesco.