Cetera Investment Advisers Invests $659,000 in Invesco China Technology ETF (NYSEARCA:CQQQ)

Cetera Investment Advisers bought a new stake in Invesco China Technology ETF (NYSEARCA:CQQQ) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 14,879 shares of the company’s stock, valued at approximately $659,000. Cetera Investment Advisers owned 0.06% of Invesco China Technology ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. bought a new position in shares of Invesco China Technology ETF during the first quarter worth approximately $243,000. Envestnet Asset Management Inc. raised its position in Invesco China Technology ETF by 496.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 59,589 shares of the company’s stock worth $2,640,000 after purchasing an additional 49,595 shares during the last quarter. Bank of America Corp DE raised its stake in Invesco China Technology ETF by 15.6% during the fourth quarter. Bank of America Corp DE now owns 23,133 shares of the company’s stock worth $911,000 after buying an additional 3,118 shares during the last quarter. Comerica Bank bought a new position in Invesco China Technology ETF during the fourth quarter worth $101,000. Finally, Private Advisor Group LLC increased its stake in Invesco China Technology ETF by 12.8% in the first quarter. Private Advisor Group LLC now owns 12,129 shares of the company’s stock valued at $537,000 after purchasing an additional 1,379 shares in the last quarter.

Invesco China Technology ETF Trading Up 1.7%

CQQQ opened at $49.03 on Friday. The company has a fifty day moving average price of $45.22 and a two-hundred day moving average price of $44.23. The company has a market cap of $1.30 billion, a P/E ratio of 20.61 and a beta of 0.64. Invesco China Technology ETF has a 1-year low of $30.50 and a 1-year high of $50.98.

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).