Cetera Investment Advisers Takes $659,000 Position in Invesco China Technology ETF (NYSEARCA:CQQQ)

Cetera Investment Advisers acquired a new position in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) in the 1st quarter, Holdings Channel reports. The fund acquired 14,879 shares of the company’s stock, valued at approximately $659,000.

Other institutional investors have also modified their holdings of the company. Banque Pictet & Cie SA acquired a new position in Invesco China Technology ETF in the 1st quarter valued at $4,943,000. Envestnet Asset Management Inc. lifted its holdings in Invesco China Technology ETF by 496.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 59,589 shares of the company’s stock valued at $2,640,000 after purchasing an additional 49,595 shares in the last quarter. Ibex Wealth Advisors purchased a new position in Invesco China Technology ETF in the 1st quarter valued at about $1,994,000. RFG Advisory LLC purchased a new position in Invesco China Technology ETF in the 1st quarter valued at about $1,819,000. Finally, GFG Capital LLC lifted its holdings in Invesco China Technology ETF by 8.1% in the 1st quarter. GFG Capital LLC now owns 226,964 shares of the company’s stock valued at $10,057,000 after purchasing an additional 17,095 shares in the last quarter.

Invesco China Technology ETF Price Performance

NYSEARCA CQQQ opened at $49.03 on Friday. The company has a 50-day moving average of $45.22 and a 200-day moving average of $44.23. The company has a market cap of $1.30 billion, a P/E ratio of 20.61 and a beta of 0.64. Invesco China Technology ETF has a 12 month low of $30.50 and a 12 month 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).