Invesco China Technology ETF (NYSEARCA:CQQQ) Sees Unusually-High Trading Volume

Shares of Invesco China Technology ETF (NYSEARCA:CQQQ) saw unusually-strong trading volume on Monday . Approximately 130,051 shares were traded during mid-day trading, a decline of 55% from the previous session’s volume of 289,209 shares.The stock last traded at $31.32 and had previously closed at $31.12.

Invesco China Technology ETF Stock Down 1.8 %

The firm has a fifty day moving average price of $31.86 and a 200 day moving average price of $33.73. The company has a market cap of $635.44 million, a P/E ratio of 77.33 and a beta of 0.64.

Institutional Trading of Invesco China Technology ETF

Several large investors have recently made changes to their positions in CQQQ. International Assets Investment Management LLC acquired a new position in shares of Invesco China Technology ETF during the fourth quarter valued at $32,000. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco China Technology ETF by 137.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,665 shares of the company’s stock valued at $72,000 after buying an additional 965 shares during the period. Walleye Capital LLC acquired a new position in Invesco China Technology ETF in the first quarter valued at about $201,000. Renaissance Technologies LLC acquired a new position in Invesco China Technology ETF in the second quarter valued at about $217,000. Finally, Envestnet Asset Management Inc. lifted its stake in Invesco China Technology ETF by 5.0% in the third quarter. Envestnet Asset Management Inc. now owns 7,088 shares of the company’s stock valued at $257,000 after buying an additional 335 shares during the period.

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).