J. Safra Sarasin Holding AG Has $333,000 Stock Position in Invesco China Technology ETF $CQQQ

J. Safra Sarasin Holding AG lowered its position in Invesco China Technology ETF (NYSEARCA:CQQQ) by 61.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,240 shares of the company’s stock after selling 11,520 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Invesco China Technology ETF were worth $333,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of CQQQ. Heritage Wealth Advisors bought a new position in shares of Invesco China Technology ETF during the 4th quarter worth about $30,000. Manchester Capital Management LLC acquired a new position in Invesco China Technology ETF in the fourth quarter worth about $34,000. Zions Bancorporation National Association UT acquired a new position in Invesco China Technology ETF in the fourth quarter worth about $52,000. Advisory Services Network LLC bought a new position in Invesco China Technology ETF during the third quarter worth about $60,000. Finally, Comerica Bank bought a new position in Invesco China Technology ETF during the fourth quarter worth about $61,000.

Invesco China Technology ETF Price Performance

Shares of NYSEARCA:CQQQ opened at $53.79 on Thursday. The business’s fifty day moving average price is $53.73 and its two-hundred day moving average price is $52.34. Invesco China Technology ETF has a fifty-two week low of $44.29 and a fifty-two week high of $61.20. The stock has a market capitalization of $3.15 billion, a price-to-earnings ratio of 20.61 and a beta of 0.60.

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).