Raymond James & Associates Decreases Stock Position in Invesco Golden Dragon China ETF (NASDAQ:PGJ)

Raymond James & Associates lowered its position in shares of Invesco Golden Dragon China ETF (NASDAQ:PGJ) by 34.2% during the fourth quarter, HoldingsChannel reports. The firm owned 21,166 shares of the company’s stock after selling 11,000 shares during the period. Raymond James & Associates’ holdings in Invesco Golden Dragon China ETF were worth $551,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Harvest Fund Management Co. Ltd increased its position in shares of Invesco Golden Dragon China ETF by 268.9% during the third quarter. Harvest Fund Management Co. Ltd now owns 4,427 shares of the company’s stock worth $120,000 after acquiring an additional 3,227 shares during the last quarter. Stifel Financial Corp increased its holdings in Invesco Golden Dragon China ETF by 2.0% during the 3rd quarter. Stifel Financial Corp now owns 80,343 shares of the company’s stock worth $2,174,000 after purchasing an additional 1,548 shares during the last quarter. Citigroup Inc. raised its position in shares of Invesco Golden Dragon China ETF by 515.4% in the 3rd quarter. Citigroup Inc. now owns 9,299 shares of the company’s stock valued at $252,000 after purchasing an additional 7,788 shares in the last quarter. Finally, Sterneck Capital Management LLC boosted its stake in shares of Invesco Golden Dragon China ETF by 6.3% during the 4th quarter. Sterneck Capital Management LLC now owns 72,477 shares of the company’s stock valued at $1,887,000 after buying an additional 4,322 shares during the last quarter.

Invesco Golden Dragon China ETF Trading Up 0.7 %

Shares of NASDAQ:PGJ opened at $25.00 on Friday. The firm has a market cap of $152.50 million, a PE ratio of 12.70 and a beta of 0.58. The company has a fifty day simple moving average of $24.74 and a 200 day simple moving average of $24.91. Invesco Golden Dragon China ETF has a 12-month low of $21.31 and a 12-month high of $32.07.

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.