Comerica Bank Has $128,000 Stock Position in Invesco China Technology ETF $CQQQ

Comerica Bank increased its holdings in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) by 12.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,884 shares of the company’s stock after buying an additional 308 shares during the period. Comerica Bank’s holdings in Invesco China Technology ETF were worth $128,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. GFG Capital LLC grew its holdings in Invesco China Technology ETF by 8.1% during the first quarter. GFG Capital LLC now owns 226,964 shares of the company’s stock valued at $10,057,000 after purchasing an additional 17,095 shares during the period. Banque Pictet & Cie SA acquired a new position in Invesco China Technology ETF during the first quarter valued at approximately $4,943,000. LPL Financial LLC grew its holdings in Invesco China Technology ETF by 11.9% during the first quarter. LPL Financial LLC now owns 61,902 shares of the company’s stock valued at $2,743,000 after purchasing an additional 6,598 shares during the period. Envestnet Asset Management Inc. grew its holdings in Invesco China Technology ETF by 496.2% during the first quarter. Envestnet Asset Management Inc. now owns 59,589 shares of the company’s stock valued at $2,640,000 after purchasing an additional 49,595 shares during the period. Finally, Ibex Wealth Advisors acquired a new position in Invesco China Technology ETF during the first quarter valued at approximately $1,994,000.

Invesco China Technology ETF Stock Performance

Shares of NYSEARCA CQQQ opened at $52.24 on Thursday. The stock has a market cap of $1.38 billion, a P/E ratio of 20.61 and a beta of 0.64. The firm has a 50 day moving average price of $48.24 and a 200 day moving average price of $45.12. Invesco China Technology ETF has a 52-week low of $30.87 and a 52-week high of $53.80.

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).