Axxcess Wealth Management LLC Purchases New Position in Invesco China Technology ETF (NYSEARCA:CQQQ)

Axxcess Wealth Management LLC acquired a new stake in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,100 shares of the company’s stock, valued at approximately $363,000.

Other large investors have also recently bought and sold shares of the company. Banque Pictet & Cie SA boosted its stake in Invesco China Technology ETF by 44.2% in the 3rd quarter. Banque Pictet & Cie SA now owns 70,192 shares of the company’s stock worth $2,541,000 after purchasing an additional 21,528 shares during the period. ICICI Prudential Asset Management Co Ltd grew its stake in shares of Invesco China Technology ETF by 12.7% during the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 55,928 shares of the company’s stock worth $2,026,000 after acquiring an additional 6,305 shares in the last quarter. Syon Capital LLC bought a new stake in shares of Invesco China Technology ETF in the fourth quarter worth $801,000. HighTower Advisors LLC bought a new stake in Invesco China Technology ETF during the 3rd quarter worth about $634,000. Finally, SG Americas Securities LLC grew its holdings in shares of Invesco China Technology ETF by 13.7% in the 4th quarter. SG Americas Securities LLC now owns 8,521 shares of the company’s stock valued at $306,000 after acquiring an additional 1,028 shares in the last quarter.

Invesco China Technology ETF Stock Down 1.8 %

CQQQ opened at $35.17 on Thursday. 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 12-month low of $27.68 and a 12-month high of $44.04. The business has a 50 day moving average of $32.72 and a 200-day moving average of $33.49.

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).