Bank of America Corp DE Acquires 3,118 Shares of Invesco China Technology ETF (NYSEARCA:CQQQ)

Bank of America Corp DE raised its holdings in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) by 15.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,133 shares of the company’s stock after acquiring an additional 3,118 shares during the quarter. Bank of America Corp DE owned approximately 0.12% of Invesco China Technology ETF worth $911,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of CQQQ. Strategic Financial Concepts LLC bought a new stake in shares of Invesco China Technology ETF in the fourth quarter worth about $1,357,000. Sycomore Asset Management increased its holdings in shares of Invesco China Technology ETF by 320.7% in the fourth quarter. Sycomore Asset Management now owns 6,100 shares of the company’s stock worth $233,000 after purchasing an additional 4,650 shares during the last quarter. Union Bancaire Privee UBP SA bought a new stake in shares of Invesco China Technology ETF in the fourth quarter worth about $59,000. SVB Wealth LLC bought a new stake in shares of Invesco China Technology ETF in the fourth quarter worth about $1,291,000. Finally, Axxcess Wealth Management LLC increased its holdings in shares of Invesco China Technology ETF by 5.0% in the fourth quarter. Axxcess Wealth Management LLC now owns 19,293 shares of the company’s stock worth $760,000 after purchasing an additional 925 shares during the last quarter.

Invesco China Technology ETF Trading Up 0.4%

Shares of CQQQ stock opened at $42.74 on Friday. Invesco China Technology ETF has a 12-month low of $30.50 and a 12-month high of $50.98. The stock’s 50-day moving average price is $41.56 and its 200-day moving average price is $42.39. The stock has a market capitalization of $989.43 million, a price-to-earnings ratio of 19.31 and a beta of 0.40.

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).