Invesco China Technology ETF (NYSEARCA:CQQQ) Shares Gap Down to $34.52

Invesco China Technology ETF (NYSEARCA:CQQQ)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $34.52, but opened at $33.38. Invesco China Technology ETF shares last traded at $33.33, with a volume of 59,729 shares.

Invesco China Technology ETF Trading Down 2.2 %

The business’s 50-day moving average is $34.82 and its two-hundred day moving average is $33.11. The stock has a market capitalization of $618.15 million, a PE ratio of 19.03 and a beta of 1.22.

Institutional Trading of Invesco China Technology ETF

A number of institutional investors have recently added to or reduced their stakes in CQQQ. Syon Capital LLC acquired a new position in Invesco China Technology ETF in the 4th quarter worth $801,000. SG Americas Securities LLC raised its stake 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 purchasing an additional 1,028 shares in the last quarter. Axxcess Wealth Management LLC acquired a new stake in shares of Invesco China Technology ETF in the 4th quarter valued at about $363,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco China Technology ETF in the 4th quarter valued at about $32,000. Finally, Banque Cantonale Vaudoise raised its stake in shares of Invesco China Technology ETF by 1.3% in the 1st quarter. Banque Cantonale Vaudoise now owns 50,742 shares of the company’s stock valued at $1,626,000 after purchasing an additional 627 shares in the last quarter.

Invesco China Technology ETF Company 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).