Invesco Golden Dragon China ETF (NASDAQ:PGJ) Trading Down 0.3% – What’s Next?

Invesco Golden Dragon China ETF (NASDAQ:PGJ)’s share price dropped 0.3% during mid-day trading on Monday . The company traded as low as $23.56 and last traded at $23.57. Approximately 12,916 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 25,289 shares. The stock had previously closed at $23.64.

Invesco Golden Dragon China ETF Stock Up 3.2%

The company has a market cap of $95.90 million, a PE ratio of 14.18 and a beta of 0.45. The stock has a 50-day moving average of $24.66 and a 200-day moving average of $26.86.

Invesco Golden Dragon China ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.0685 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.27 annualized dividend and a yield of 1.1%.

Hedge Funds Weigh In On Invesco Golden Dragon China ETF

A number of hedge funds and other institutional investors have recently modified their holdings of PGJ. Jones Financial Companies Lllp increased its stake in shares of Invesco Golden Dragon China ETF by 4.4% in the first quarter. Jones Financial Companies Lllp now owns 16,466 shares of the company’s stock worth $488,000 after buying an additional 699 shares during the period. IHT Wealth Management LLC raised its stake in Invesco Golden Dragon China ETF by 2.5% in the second quarter. IHT Wealth Management LLC now owns 49,612 shares of the company’s stock worth $1,408,000 after buying an additional 1,228 shares in the last quarter. Federation des caisses Desjardins du Quebec lifted its stake in shares of Invesco Golden Dragon China ETF by 6.9% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 30,363 shares of the company’s stock valued at $875,000 after purchasing an additional 1,947 shares during the period. Royal Bank of Canada boosted its holdings in shares of Invesco Golden Dragon China ETF by 12.4% during the 1st quarter. Royal Bank of Canada now owns 21,689 shares of the company’s stock valued at $643,000 after buying an additional 2,401 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in Invesco Golden Dragon China ETF by 20.9% during the fourth quarter. Wells Fargo & Company MN now owns 14,197 shares of the company’s stock worth $409,000 after acquiring an additional 2,451 shares in the last quarter.

Invesco Golden Dragon China ETF Company 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.