Invesco China Technology ETF (NYSEARCA:CQQQ – Get Free Report)’s share price reached a new 52-week low during trading on Friday. The company traded as low as $43.88 and last traded at $44.0780, with a volume of 58802 shares. The stock had previously closed at $44.55.
Invesco China Technology ETF Trading Down 1.3%
The firm has a market cap of $2.48 billion, a price-to-earnings ratio of 20.61 and a beta of 0.62. The firm has a 50-day moving average of $48.70 and a two-hundred day moving average of $50.43.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its position in shares of Invesco China Technology ETF by 1.1% in the second quarter. Envestnet Asset Management Inc. now owns 112,965 shares of the company’s stock valued at $6,442,000 after acquiring an additional 1,216 shares during the period. Wellington Altus USA Inc. acquired a new position in Invesco China Technology ETF during the 2nd quarter valued at $246,000. BlueCrest Capital Management Ltd acquired a new position in Invesco China Technology ETF during the 2nd quarter valued at $5,423,000. Integrated Wealth Concepts LLC bought a new stake in Invesco China Technology ETF in the 2nd quarter valued at $139,000. Finally, TD Waterhouse Canada Inc. boosted its holdings in Invesco China Technology ETF by 23.8% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 8,780 shares of the company’s stock valued at $500,000 after purchasing an additional 1,690 shares during the period.
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).
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