BNP Paribas Financial Markets Buys 1,744 Shares of Invesco Golden Dragon China ETF (NASDAQ:PGJ)

BNP Paribas Financial Markets increased its stake in Invesco Golden Dragon China ETF (NASDAQ:PGJ) by 35.9% in the third quarter, HoldingsChannel reports. The fund owned 6,596 shares of the company’s stock after purchasing an additional 1,744 shares during the period. BNP Paribas Financial Markets’ holdings in Invesco Golden Dragon China ETF were worth $186,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Virtu Financial LLC bought a new position in shares of Invesco Golden Dragon China ETF in the 2nd quarter worth approximately $775,000. Harvest Fund Management Co. Ltd grew its stake in Invesco Golden Dragon China ETF by 419.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 29,033 shares of the company’s stock worth $817,000 after purchasing an additional 23,445 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in Invesco Golden Dragon China ETF in the third quarter worth $245,000. Finally, Commonwealth Equity Services LLC raised its holdings in Invesco Golden Dragon China ETF by 8.1% in the second quarter. Commonwealth Equity Services LLC now owns 13,449 shares of the company’s stock worth $299,000 after purchasing an additional 1,005 shares in the last quarter.

Invesco Golden Dragon China ETF Stock Performance

Shares of NASDAQ PGJ opened at $27.02 on Wednesday. The company has a 50 day simple moving average of $26.77 and a two-hundred day simple moving average of $24.55. Invesco Golden Dragon China ETF has a fifty-two week low of $19.97 and a fifty-two week high of $31.97. The company has a market capitalization of $165.90 million, a price-to-earnings ratio of 14.59 and a beta of 0.58.

Invesco Golden Dragon China ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.152 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend was Monday, September 23rd.

About Invesco Golden Dragon China ETF

The Invesco Golden Dragon China ETF (PGJ) is an exchange-traded fund that is based on the NASDAQ Golden Dragon China index, a market-cap-weighted index of Chinese stocks. PGJ was launched on Dec 9, 2004 and is managed by Invesco.