WIT Partners Advisory Pte. Ltd. purchased a new position in shares of Invesco China Technology ETF (NYSEARCA:CQQQ – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 27,110 shares of the company’s stock, valued at approximately $1,546,000. Invesco China Technology ETF comprises about 0.7% of WIT Partners Advisory Pte. Ltd.’s portfolio, making the stock its 11th biggest position.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Triumph Capital Management raised its holdings in Invesco China Technology ETF by 66.8% in the second quarter. Triumph Capital Management now owns 3,734 shares of the company’s stock valued at $213,000 after buying an additional 1,496 shares during the period. Finley Financial LLC increased its position in shares of Invesco China Technology ETF by 54.6% in the second quarter. Finley Financial LLC now owns 2,010 shares of the company’s stock worth $115,000 after acquiring an additional 710 shares in the last quarter. Bank of America Corp DE increased its position in shares of Invesco China Technology ETF by 171.1% in the first quarter. Bank of America Corp DE now owns 207,995 shares of the company’s stock worth $9,572,000 after acquiring an additional 131,260 shares in the last quarter. Evelyn Partners Asset Management Ltd purchased a new position in shares of Invesco China Technology ETF in the 1st quarter valued at $4,866,000. Finally, Evelyn Partners Investment Management Services Ltd purchased a new position in shares of Invesco China Technology ETF in the 1st quarter valued at $1,091,000.
Invesco China Technology ETF Trading Down 0.2%
NYSEARCA:CQQQ opened at $48.05 on Friday. The firm’s fifty day simple moving average is $51.61 and its 200 day simple moving average is $51.12. Invesco China Technology ETF has a twelve month low of $44.29 and a twelve month high of $61.20. The firm has a market capitalization of $2.92 billion, a price-to-earnings ratio of 20.61 and a beta of 0.63.
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).
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