Invesco China Technology ETF (NYSEARCA:CQQQ) Shares Down 1.9%

Invesco China Technology ETF (NYSEARCA:CQQQ) shares traded down 1.9% during mid-day trading on Friday . The stock traded as low as $30.34 and last traded at $30.34. 14,467 shares traded hands during trading, a decline of 95% from the average session volume of 291,616 shares. The stock had previously closed at $30.94.

Invesco China Technology ETF Stock Performance

The stock has a market capitalization of $575.51 million, a P/E ratio of 16.08 and a beta of 0.64. The stock has a 50-day moving average price of $31.89 and a two-hundred day moving average price of $33.69.

Institutional Investors Weigh In On Invesco China Technology ETF

A number of large investors have recently made changes to their positions in the business. Banque Cantonale Vaudoise boosted its position in shares of Invesco China Technology ETF by 1.3% during the first quarter. Banque Cantonale Vaudoise now owns 50,742 shares of the company’s stock valued at $1,626,000 after purchasing an additional 627 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Invesco China Technology ETF by 61.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 291,142 shares of the company’s stock valued at $10,467,000 after purchasing an additional 111,287 shares in the last quarter. Syon Capital LLC purchased a new position in Invesco China Technology ETF during the fourth quarter valued at $801,000. Envestnet Asset Management Inc. raised its stake in Invesco China Technology ETF by 68.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 11,927 shares of the company’s stock valued at $429,000 after buying an additional 4,839 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in Invesco China Technology ETF by 255.6% during the fourth quarter. Stifel Financial Corp now owns 102,529 shares of the company’s stock valued at $3,686,000 after buying an additional 73,699 shares during 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).