45,002 Shares in Invesco China Technology ETF (NYSEARCA:CQQQ) Bought by Ibex Wealth Advisors

Ibex Wealth Advisors purchased a new position in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 45,002 shares of the company’s stock, valued at approximately $1,994,000.

Several other hedge funds have also recently made changes to their positions in CQQQ. Bank of America Corp DE boosted its stake in Invesco China Technology ETF by 15.6% in the 4th quarter. Bank of America Corp DE now owns 23,133 shares of the company’s stock worth $911,000 after purchasing an additional 3,118 shares during the period. LPL Financial LLC boosted its stake in Invesco China Technology ETF by 10.1% in the 4th quarter. LPL Financial LLC now owns 55,304 shares of the company’s stock worth $2,178,000 after purchasing an additional 5,052 shares during the period. Union Bancaire Privee UBP SA bought a new position in Invesco China Technology ETF in the 4th quarter worth about $59,000. Envestnet Asset Management Inc. boosted its stake in Invesco China Technology ETF by 4.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 9,994 shares of the company’s stock worth $394,000 after purchasing an additional 403 shares during the period. Finally, Comerica Bank bought a new position in Invesco China Technology ETF in the 4th quarter worth about $101,000.

Invesco China Technology ETF Stock Up 2.2%

Shares of NYSEARCA CQQQ opened at $43.67 on Tuesday. Invesco China Technology ETF has a 52 week low of $30.50 and a 52 week high of $50.98. The business has a 50-day simple moving average of $41.54 and a two-hundred day simple moving average of $42.43. The company has a market cap of $1.01 billion, a P/E ratio of 19.31 and a beta of 0.40.

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).