Harvest Fund Management Co. Ltd Raises Stock Holdings in Invesco Golden Dragon China ETF (NASDAQ:PGJ)

Harvest Fund Management Co. Ltd raised its position in Invesco Golden Dragon China ETF (NASDAQ:PGJ) by 419.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,033 shares of the company’s stock after acquiring an additional 23,445 shares during the quarter. Harvest Fund Management Co. Ltd owned approximately 0.47% of Invesco Golden Dragon China ETF worth $817,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Virtu Financial LLC acquired a new position in Invesco Golden Dragon China ETF in the 2nd quarter valued at about $775,000. Commonwealth Equity Services LLC grew its position in shares of Invesco Golden Dragon China ETF by 8.1% during the second quarter. Commonwealth Equity Services LLC now owns 13,449 shares of the company’s stock worth $299,000 after buying an additional 1,005 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Invesco Golden Dragon China ETF during the third quarter worth approximately $245,000.

Invesco Golden Dragon China ETF Stock Performance

PGJ stock opened at $25.32 on Tuesday. The company’s 50 day moving average price is $26.71 and its 200 day moving average price is $24.58. Invesco Golden Dragon China ETF has a fifty-two week low of $19.97 and a fifty-two week high of $31.97. The firm has a market capitalization of $155.46 million, a price-to-earnings ratio of 14.59 and a beta of 0.58.

Invesco Golden Dragon China ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.152 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.61 dividend on an annualized basis and a dividend yield of 2.40%.

Invesco Golden Dragon China ETF Profile

The Invesco Golden Dragon China ETF (PGJ) is an exchange-traded fund that is based on the NASDAQ Golden Dragon China index, a market-cap-weighted index of Chinese stocks. PGJ was launched on Dec 9, 2004 and is managed by Invesco.