Invesco China Technology ETF (NYSEARCA:CQQQ) Shares Gap Up to $32.59

Invesco China Technology ETF (NYSEARCA:CQQQ)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $32.59, but opened at $34.72. Invesco China Technology ETF shares last traded at $34.89, with a volume of 178,347 shares.

Invesco China Technology ETF Trading Up 7.6 %

The stock has a market capitalization of $664.39 million, a PE ratio of 19.03 and a beta of 1.22. The firm’s 50-day moving average price is $32.24 and its 200-day moving average price is $33.38.

Institutional Investors Weigh In On Invesco China Technology ETF

Several institutional investors have recently made changes to their positions in the company. Banque Cantonale Vaudoise grew its holdings in Invesco China Technology ETF by 1.3% during the 1st quarter. Banque Cantonale Vaudoise now owns 50,742 shares of the company’s stock valued at $1,626,000 after purchasing an additional 627 shares during the last quarter. Axxcess Wealth Management LLC boosted its position in shares of 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 buying an additional 8,268 shares during the period. Sycomore Asset Management bought a new position in shares of Invesco China Technology ETF during the first quarter valued at approximately $317,000. Hsbc Holdings PLC purchased a new stake in shares of Invesco China Technology ETF in the second quarter worth approximately $335,000. Finally, GSA Capital Partners LLP lifted its stake in shares of Invesco China Technology ETF by 95.0% during the 1st quarter. GSA Capital Partners LLP now owns 24,861 shares of the company’s stock worth $797,000 after acquiring an additional 12,115 shares during the last quarter.

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).