Meitav Investment House Ltd. Increases Stake in Invesco China Technology ETF $CQQQ

Meitav Investment House Ltd. grew its stake in Invesco China Technology ETF (NYSEARCA:CQQQ) by 9.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,066,020 shares of the company’s stock after buying an additional 95,600 shares during the quarter. Meitav Investment House Ltd.’s holdings in Invesco China Technology ETF were worth $49,058,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Heritage Wealth Advisors bought a new stake in Invesco China Technology ETF in the 4th quarter valued at $30,000. Manchester Capital Management LLC bought a new position in shares of Invesco China Technology ETF during the fourth quarter valued at approximately $34,000. Zions Bancorporation National Association UT purchased a new position in shares of Invesco China Technology ETF in the 4th quarter worth approximately $52,000. Advisory Services Network LLC purchased a new stake in shares of Invesco China Technology ETF during the third quarter worth about $60,000. Finally, Comerica Bank purchased a new position in Invesco China Technology ETF in the 4th quarter worth $61,000.

Invesco China Technology ETF Stock Down 1.2%

Shares of NYSEARCA:CQQQ traded down $0.63 during midday trading on Tuesday, reaching $53.81. The company’s stock had a trading volume of 288,892 shares, compared to its average volume of 1,301,955. The stock has a fifty day moving average of $53.17 and a 200 day moving average of $52.20. The firm has a market capitalization of $3.22 billion, a PE ratio of 20.61 and a beta of 0.60. Invesco China Technology ETF has a twelve month low of $43.47 and a twelve month high of $61.20.

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).