Axxcess Wealth Management LLC Invests $363,000 in Invesco China Technology ETF (NYSEARCA:CQQQ)

Axxcess Wealth Management LLC bought a new stake in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,100 shares of the company’s stock, valued at approximately $363,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CQQQ. International Assets Investment Management LLC acquired a new stake in shares of Invesco China Technology ETF during the fourth quarter worth $32,000. SG Americas Securities LLC raised its stake in Invesco China Technology ETF by 50.5% in the 3rd quarter. SG Americas Securities LLC now owns 7,493 shares of the company’s stock worth $271,000 after acquiring an additional 2,514 shares during the last quarter. HighTower Advisors LLC acquired a new stake in Invesco China Technology ETF during the 3rd quarter worth about $634,000. Syon Capital LLC purchased a new stake in Invesco China Technology ETF during the 4th quarter valued at about $801,000. Finally, ICICI Prudential Asset Management Co Ltd increased its holdings in shares of Invesco China Technology ETF by 12.7% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 55,928 shares of the company’s stock valued at $2,026,000 after purchasing an additional 6,305 shares during the period.

Invesco China Technology ETF Stock Down 1.8 %

Shares of NYSEARCA:CQQQ opened at $35.17 on Thursday. The business has a 50-day moving average price of $32.72 and a 200-day moving average price of $33.49. The stock has a market cap of $666.47 million, a price-to-earnings ratio of 19.03 and a beta of 1.22. Invesco China Technology ETF has a 52-week low of $27.68 and a 52-week high of $44.04.

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).