Invesco China Technology ETF $CQQQ Shares Purchased by UBS Group AG

UBS Group AG boosted its holdings in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) by 65.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 420,761 shares of the company’s stock after buying an additional 165,953 shares during the quarter. UBS Group AG’s holdings in Invesco China Technology ETF were worth $21,880,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of CQQQ. JPMorgan Chase & Co. raised its holdings in shares of Invesco China Technology ETF by 440.3% in the third quarter. JPMorgan Chase & Co. now owns 150,116 shares of the company’s stock worth $8,858,000 after acquiring an additional 122,333 shares during the last quarter. Evergreen Capital Management LLC lifted its position in shares of Invesco China Technology ETF by 7.9% in the fourth quarter. Evergreen Capital Management LLC now owns 237,496 shares of the company’s stock valued at $12,350,000 after acquiring an additional 17,379 shares in the last quarter. Banque Pictet & Cie SA boosted its stake in shares of Invesco China Technology ETF by 33.3% during the fourth quarter. Banque Pictet & Cie SA now owns 327,973 shares of the company’s stock valued at $17,055,000 after acquiring an additional 81,946 shares during the last quarter. Trek Financial LLC acquired a new stake in shares of Invesco China Technology ETF during the third quarter valued at $18,848,000. Finally, PNC Financial Services Group Inc. purchased a new stake in Invesco China Technology ETF during the 3rd quarter worth about $288,682,000.

Invesco China Technology ETF Price Performance

Shares of NYSEARCA CQQQ opened at $54.75 on Tuesday. The company has a 50-day simple moving average of $48.85 and a 200-day simple moving average of $52.28. The company has a market cap of $2.95 billion, a PE ratio of 20.61 and a beta of 0.62. Invesco China Technology ETF has a 12 month low of $40.39 and a 12 month high of $61.20.

Invesco China Technology ETF 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).