Invesco China Technology ETF (NYSEARCA:CQQQ) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC reduced its stake in Invesco China Technology ETF (NYSEARCA:CQQQ) by 2.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,880 shares of the company’s stock after selling 977 shares during the period. HighTower Advisors LLC’s holdings in Invesco China Technology ETF were worth $1,334,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Union Bancaire Privee UBP SA acquired a new position in Invesco China Technology ETF during the 4th quarter worth approximately $59,000. SVB Wealth LLC purchased a new stake in shares of Invesco China Technology ETF during the 4th quarter worth $1,291,000. DRW Securities LLC acquired a new position in shares of Invesco China Technology ETF during the third quarter worth $343,000. Sycomore Asset Management increased its holdings in Invesco China Technology ETF by 320.7% in the fourth quarter. Sycomore Asset Management now owns 6,100 shares of the company’s stock valued at $233,000 after buying an additional 4,650 shares during the last quarter. Finally, Flow Traders U.S. LLC increased its holdings in Invesco China Technology ETF by 101.0% in the third quarter. Flow Traders U.S. LLC now owns 36,150 shares of the company’s stock valued at $1,491,000 after buying an additional 18,168 shares during the last quarter.

Invesco China Technology ETF Price Performance

Shares of NYSEARCA CQQQ opened at $45.16 on Wednesday. The business has a 50-day moving average of $44.92 and a two-hundred day moving average of $41.58. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 25.67 and a beta of 0.51. Invesco China Technology ETF has a 1 year low of $30.25 and a 1 year high of $50.98.

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).