Invesco China Technology ETF $CQQQ Shares Newly Acquired by Summit Rock Advisors LP

Summit Rock Advisors LP bought a new stake in Invesco China Technology ETF (NYSEARCA:CQQQ) in the third quarter, Holdings Channel.com reports. The firm bought 447,427 shares of the company’s stock, valued at approximately $20,089,000. Invesco China Technology ETF makes up about 42.8% of Summit Rock Advisors LP’s holdings, making the stock its 2nd biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Finley Financial LLC boosted its position in Invesco China Technology ETF by 54.6% during the second quarter. Finley Financial LLC now owns 2,010 shares of the company’s stock worth $115,000 after acquiring an additional 710 shares during the last quarter. Group One Trading LLC grew its stake in Invesco China Technology ETF by 1,001.0% during the 1st quarter. Group One Trading LLC now owns 2,158 shares of the company’s stock valued at $99,000 after acquiring an additional 1,962 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Invesco China Technology ETF during the 2nd quarter valued at about $139,000. Triumph Capital Management raised its holdings in Invesco China Technology ETF by 66.8% in the 2nd quarter. Triumph Capital Management now owns 3,734 shares of the company’s stock valued at $213,000 after acquiring an additional 1,496 shares during the last quarter. Finally, Wellington Altus USA Inc. acquired a new stake in Invesco China Technology ETF in the 2nd quarter valued at about $246,000.

Invesco China Technology ETF Price Performance

CQQQ opened at $41.98 on Friday. The company’s 50 day simple moving average is $47.28 and its two-hundred day simple moving average is $50.18. Invesco China Technology ETF has a 1-year low of $41.30 and a 1-year high of $58.92. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 20.61 and a beta of 0.62.

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).