Meitav Investment House Ltd. Acquires 95,600 Shares of Invesco China Technology ETF $CQQQ

Meitav Investment House Ltd. raised its position in Invesco China Technology ETF (NYSEARCA:CQQQ) by 9.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 1,066,020 shares of the company’s stock after purchasing an additional 95,600 shares during the period. Meitav Investment House Ltd. owned 1.98% of Invesco China Technology ETF worth $49,058,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Heritage Wealth Advisors bought a new position in Invesco China Technology ETF in the 4th quarter valued at about $30,000. Manchester Capital Management LLC bought a new stake in shares of Invesco China Technology ETF during the 4th quarter valued at about $34,000. Zions Bancorporation National Association UT purchased a new position in shares of Invesco China Technology ETF during the fourth quarter worth approximately $52,000. Advisory Services Network LLC purchased a new stake in Invesco China Technology ETF during the 3rd quarter valued at $60,000. Finally, Comerica Bank bought a new position in Invesco China Technology ETF in the fourth quarter worth about $61,000.

Invesco China Technology ETF Trading Down 1.2%

CQQQ traded down $0.63 during midday trading on Tuesday, reaching $53.81. The company’s stock had a trading volume of 288,892 shares, compared to its average volume of 1,301,955. The firm has a market capitalization of $3.22 billion, a price-to-earnings ratio of 20.61 and a beta of 0.60. Invesco China Technology ETF has a 1 year low of $43.47 and a 1 year high of $61.20. The stock’s 50-day moving average is $53.17 and its 200-day moving average is $52.20.

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).