Invesco China Technology ETF (NYSEARCA:CQQQ – Get Free Report) saw strong trading volume on Monday . 491,009 shares changed hands during trading, an increase of 87% from the previous session’s volume of 262,487 shares.The stock last traded at $44.56 and had previously closed at $43.45.
Invesco China Technology ETF Stock Performance
The firm’s fifty day moving average price is $40.27 and its 200 day moving average price is $38.30. The firm has a market cap of $861.47 million, a P/E ratio of 19.03 and a beta of 1.22.
Institutional Investors Weigh In On Invesco China Technology ETF
A number of institutional investors and hedge funds have recently modified their holdings of the company. Union Bancaire Privee UBP SA acquired a new position in Invesco China Technology ETF during the fourth quarter worth about $59,000. Ground Swell Capital LLC purchased a new stake in Invesco China Technology ETF during the third quarter worth about $221,000. Pictet North America Advisors SA purchased a new position in Invesco China Technology ETF in the 3rd quarter valued at approximately $225,000. Sycomore Asset Management raised its position in Invesco China Technology ETF by 320.7% in the 4th quarter. Sycomore Asset Management now owns 6,100 shares of the company’s stock valued at $233,000 after purchasing an additional 4,650 shares in the last quarter. Finally, DRW Securities LLC acquired a new stake in shares of Invesco China Technology ETF in the 3rd quarter valued at $343,000.
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).
See Also
- Five stocks we like better than Invesco China Technology ETF
- What Investors Need to Know About Upcoming IPOs
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- Growth Stocks: What They Are, What They Are Not
- Inflation Persists, But So Do Stock Opportunities: Rally On
- Canadian Penny Stocks: Can They Make You Rich?
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Receive News & Ratings for Invesco China Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco China Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.