GFG Capital LLC Sells 6,922 Shares of Invesco China Technology ETF (NYSEARCA:CQQQ)

GFG Capital LLC lessened its holdings in Invesco China Technology ETF (NYSEARCA:CQQQ) by 2.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 236,532 shares of the company’s stock after selling 6,922 shares during the period. Invesco China Technology ETF comprises approximately 2.5% of GFG Capital LLC’s holdings, making the stock its 13th biggest position. GFG Capital LLC owned approximately 1.25% of Invesco China Technology ETF worth $9,757,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vontobel Holding Ltd. grew its stake in Invesco China Technology ETF by 38.9% in the third quarter. Vontobel Holding Ltd. now owns 25,000 shares of the company’s stock worth $1,031,000 after purchasing an additional 7,000 shares in the last quarter. Axxcess Wealth Management LLC boosted its position in Invesco China Technology ETF by 81.9% during the first quarter. Axxcess Wealth Management LLC now owns 18,368 shares of the company’s stock valued at $589,000 after purchasing an additional 8,268 shares in the last quarter. Hsbc Holdings PLC purchased a new position in Invesco China Technology ETF in the second quarter valued at about $335,000. GSA Capital Partners LLP raised its holdings in Invesco China Technology ETF by 95.0% in the first quarter. GSA Capital Partners LLP now owns 24,861 shares of the company’s stock worth $797,000 after purchasing an additional 12,115 shares in the last quarter. Finally, Banque Cantonale Vaudoise raised its holdings in Invesco China Technology ETF by 24.9% in the second quarter. Banque Cantonale Vaudoise now owns 63,355 shares of the company’s stock worth $2,125,000 after purchasing an additional 12,613 shares in the last quarter.

Invesco China Technology ETF Stock Performance

NYSEARCA:CQQQ opened at $41.19 on Tuesday. The company’s 50-day simple moving average is $35.90 and its 200-day simple moving average is $34.70. Invesco China Technology ETF has a fifty-two week low of $27.68 and a fifty-two week high of $50.98. The stock has a market capitalization of $780.46 million, a P/E ratio of 19.03 and a beta of 1.22.

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).