Invesco China Technology ETF (NYSEARCA:CQQQ) Shares Down 7.7% – Here’s Why

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Invesco China Technology ETF (NYSEARCA:CQQQ – Get Free Report) was down 7.7% on Monday . The company traded as low as $36.69 and last traded at $37.26. Approximately 1,568,257 shares were traded during trading, an increase of 310% from the average daily volume of 382,764 shares. The stock had previously closed at $40.38. Invesco China [...]

Invesco China Technology ETF ( NYSEARCA:CQQQ – Get Free Report ) was down 7.7% on Monday . The company traded as low as $36.

69 and last traded at $37.26. Approximately 1,568,257 shares were traded during trading, an increase of 310% from the average daily volume of 382,764 shares.



The stock had previously closed at $40.38. Invesco China Technology ETF Trading Down 7.

5 % The firm has a market cap of $922.30 million, a price-to-earnings ratio of 22.90 and a beta of 0.

46. The company has a fifty day moving average price of $45.64 and a 200-day moving average price of $42.

34. Institutional Investors Weigh In On Invesco China Technology ETF Several hedge funds have recently bought and sold shares of the stock. Union Bancaire Privee UBP SA acquired a new stake in shares of Invesco China Technology ETF during the 4th quarter valued at about $59,000.

Axxcess Wealth Management LLC grew its holdings in Invesco China Technology ETF by 5.0% in the fourth quarter. Axxcess Wealth Management LLC now owns 19,293 shares of the company’s stock valued at $760,000 after purchasing an additional 925 shares during the period.

OLD Mission Capital LLC increased its position in shares of Invesco China Technology ETF by 26.7% in the fourth quarter. OLD Mission Capital LLC now owns 408,526 shares of the company’s stock valued at $16,088,000 after buying an additional 86,101 shares in the last quarter.

SVB Wealth LLC acquired a new position in shares of Invesco China Technology ETF during the 4th quarter worth approximately $1,291,000. Finally, Sycomore Asset Management lifted its position in shares of Invesco China Technology ETF by 320.7% during the 4th quarter.

Sycomore Asset Management now owns 6,100 shares of the company’s stock valued at $233,000 after buying an additional 4,650 shares in the last quarter. 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).

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