Invesco China Technology ETF $CQQQ Shares Sold by MidWestOne Financial Group Inc.

MidWestOne Financial Group Inc. reduced its holdings in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) by 42.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,130 shares of the company’s stock after selling 16,623 shares during the quarter. MidWestOne Financial Group Inc.’s holdings in Invesco China Technology ETF were worth $1,306,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in CQQQ. CWM LLC acquired a new stake in shares of Invesco China Technology ETF during the 3rd quarter worth about $34,000. Sage Mountain Advisors LLC increased its stake in Invesco China Technology ETF by 331.6% in the second quarter. Sage Mountain Advisors LLC now owns 1,187 shares of the company’s stock valued at $53,000 after purchasing an additional 912 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Invesco China Technology ETF in the third quarter valued at approximately $79,000. Optimum Investment Advisors raised its holdings in Invesco China Technology ETF by 40.3% during the second quarter. Optimum Investment Advisors now owns 2,525 shares of the company’s stock worth $112,000 after purchasing an additional 725 shares in the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. purchased a new stake in shares of Invesco China Technology ETF during the 2nd quarter worth approximately $120,000.

Invesco China Technology ETF Trading Up 1.1%

Shares of Invesco China Technology ETF stock opened at $53.16 on Friday. The company has a fifty day simple moving average of $54.33 and a 200-day simple moving average of $53.85. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 20.61 and a beta of 0.43. Invesco China Technology ETF has a 12-month low of $35.62 and a 12-month high of $61.20.

Invesco China Technology ETF 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).