Invesco China Technology ETF (NYSEARCA:CQQQ) Sees Large Volume Increase

Invesco China Technology ETF (NYSEARCA:CQQQ) shares saw strong trading volume on Friday . 214,977 shares changed hands during mid-day trading, a decline of 9% from the previous session’s volume of 235,542 shares.The stock last traded at $39.97 and had previously closed at $38.20.

Invesco China Technology ETF Trading Up 3.5 %

The stock has a market cap of $749.09 million, a P/E ratio of 19.03 and a beta of 1.22. The firm’s fifty day moving average is $32.36 and its 200 day moving average is $33.45.

Institutional Investors Weigh In On Invesco China Technology ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its stake in Invesco China Technology ETF by 1,070.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 97,117 shares of the company’s stock valued at $3,257,000 after purchasing an additional 88,821 shares during the period. Banque Cantonale Vaudoise boosted its position in shares of Invesco China Technology ETF by 24.9% in the second quarter. Banque Cantonale Vaudoise now owns 63,355 shares of the company’s stock valued at $2,125,000 after acquiring an additional 12,613 shares during the period. SVB Wealth LLC boosted its position in shares of Invesco China Technology ETF by 182.5% in the first quarter. SVB Wealth LLC now owns 33,470 shares of the company’s stock valued at $1,073,000 after acquiring an additional 21,623 shares during the period. GSA Capital Partners LLP grew its stake in shares of Invesco China Technology ETF by 95.0% in the first quarter. GSA Capital Partners LLP now owns 24,861 shares of the company’s stock worth $797,000 after acquiring an additional 12,115 shares during the last quarter. Finally, Syon Capital LLC bought a new position in Invesco China Technology ETF during the fourth quarter worth $801,000.

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).