GFG Capital LLC Sells 26,663 Shares of Invesco China Technology ETF (NYSEARCA:CQQQ)

GFG Capital LLC cut its holdings in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) by 11.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 209,869 shares of the company’s stock after selling 26,663 shares during the period. Invesco China Technology ETF comprises approximately 2.2% of GFG Capital LLC’s holdings, making the stock its 15th largest holding. GFG Capital LLC owned approximately 1.11% of Invesco China Technology ETF worth $8,265,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Union Bancaire Privee UBP SA bought a new stake in Invesco China Technology ETF during the 4th quarter worth approximately $59,000. Ground Swell Capital LLC acquired a new position in Invesco China Technology ETF during the 3rd quarter worth $221,000. Pictet North America Advisors SA acquired a new position in Invesco China Technology ETF during the 3rd quarter worth $225,000. Sycomore Asset Management lifted its holdings in Invesco China Technology ETF by 320.7% during the 4th quarter. Sycomore Asset Management now owns 6,100 shares of the company’s stock worth $233,000 after buying an additional 4,650 shares in the last quarter. Finally, DRW Securities LLC acquired a new position in Invesco China Technology ETF during the 3rd quarter worth $343,000.

Invesco China Technology ETF Stock Performance

NYSEARCA:CQQQ opened at $45.71 on Friday. The stock’s fifty day moving average price is $40.38 and its two-hundred day moving average price is $38.35. Invesco China Technology ETF has a 52-week low of $30.25 and a 52-week high of $50.98. The company has a market cap of $866.20 million, a price-to-earnings ratio of 19.03 and a beta of 1.22.

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).