Trek Financial LLC Sells 112,615 Shares of Invesco China Technology ETF $CQQQ

Trek Financial LLC lessened its stake in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) by 35.3% in the 4th quarter, Holdings Channel reports. The firm owned 206,790 shares of the company’s stock after selling 112,615 shares during the period. Trek Financial LLC’s holdings in Invesco China Technology ETF were worth $10,753,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in shares of Invesco China Technology ETF by 440.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 150,116 shares of the company’s stock valued at $8,858,000 after purchasing an additional 122,333 shares during the last quarter. Evergreen Capital Management LLC grew its stake in shares of Invesco China Technology ETF by 7.9% in the 4th quarter. Evergreen Capital Management LLC now owns 237,496 shares of the company’s stock worth $12,350,000 after buying an additional 17,379 shares in the last quarter. Banque Pictet & Cie SA grew its stake in shares of Invesco China Technology ETF by 33.3% in the 4th quarter. Banque Pictet & Cie SA now owns 327,973 shares of the company’s stock worth $17,055,000 after buying an additional 81,946 shares in the last quarter. PNC Financial Services Group Inc. purchased a new position in shares of Invesco China Technology ETF in the 3rd quarter worth $288,682,000. Finally, Schroder Investment Management Group grew its stake in shares of Invesco China Technology ETF by 7.0% in the 3rd quarter. Schroder Investment Management Group now owns 1,000,000 shares of the company’s stock worth $58,200,000 after buying an additional 65,000 shares in the last quarter.

Invesco China Technology ETF Stock Up 2.1%

Shares of NYSEARCA:CQQQ opened at $54.75 on Tuesday. Invesco China Technology ETF has a 52 week low of $40.39 and a 52 week high of $61.20. The firm has a fifty day simple moving average of $48.85 and a two-hundred day simple moving average of $52.28. The stock has a market capitalization of $2.95 billion, a P/E ratio of 20.61 and a beta of 0.62.

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).