LPL Financial LLC increased its position in Invesco China Technology ETF (NYSEARCA:CQQQ – Free Report) by 11.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,902 shares of the company’s stock after purchasing an additional 6,598 shares during the period. LPL Financial LLC owned approximately 0.27% of Invesco China Technology ETF worth $2,743,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the company. Banque Pictet & Cie SA purchased a new stake in Invesco China Technology ETF in the 1st quarter valued at $4,943,000. Envestnet Asset Management Inc. increased its holdings in Invesco China Technology ETF by 496.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 59,589 shares of the company’s stock worth $2,640,000 after acquiring an additional 49,595 shares during the last quarter. Ibex Wealth Advisors bought a new position in Invesco China Technology ETF in the 1st quarter worth about $1,994,000. RFG Advisory LLC bought a new position in Invesco China Technology ETF in the 1st quarter worth about $1,819,000. Finally, GFG Capital LLC boosted its stake in Invesco China Technology ETF by 8.1% in the 1st quarter. GFG Capital LLC now owns 226,964 shares of the company’s stock worth $10,057,000 after purchasing an additional 17,095 shares during the period.
Invesco China Technology ETF Stock Up 1.7%
Shares of NYSEARCA CQQQ opened at $49.03 on Monday. The company has a market cap of $1.30 billion, a P/E ratio of 20.61 and a beta of 0.64. The business has a 50-day simple moving average of $45.22 and a two-hundred day simple moving average of $44.27. Invesco China Technology ETF has a 52 week low of $30.50 and a 52 week high of $50.98.
Invesco China Technology ETF 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).
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