Banque Pictet & Cie SA Acquires 81,946 Shares of Invesco China Technology ETF $CQQQ

Banque Pictet & Cie SA boosted its stake in Invesco China Technology ETF (NYSEARCA:CQQQ) by 33.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 327,973 shares of the company’s stock after acquiring an additional 81,946 shares during the period. Banque Pictet & Cie SA owned 0.60% of Invesco China Technology ETF worth $17,055,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. CWM LLC bought a new position in Invesco China Technology ETF in the 3rd quarter worth $34,000. Advisory Services Network LLC purchased a new stake in shares of Invesco China Technology ETF in the 3rd quarter worth about $60,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Invesco China Technology ETF during the 3rd quarter valued at about $79,000. Stelac Advisory Services LLC bought a new stake in shares of Invesco China Technology ETF during the 3rd quarter valued at about $124,000. Finally, Compagnie Lombard Odier SCmA purchased a new position in shares of Invesco China Technology ETF during the third quarter valued at about $218,000.

Invesco China Technology ETF Price Performance

CQQQ stock opened at $45.88 on Thursday. Invesco China Technology ETF has a 1 year low of $35.62 and a 1 year high of $61.20. The company has a market cap of $2.59 billion, a P/E ratio of 20.61 and a beta of 0.43. The firm has a 50-day moving average of $51.45 and a 200 day moving average of $53.75.

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).