Syon Capital LLC Makes New Investment in Invesco China Technology ETF (NYSEARCA:CQQQ)

Syon Capital LLC acquired a new position in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 22,276 shares of the company’s stock, valued at approximately $801,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of CQQQ. SG Americas Securities LLC lifted its stake in shares of Invesco China Technology ETF by 50.5% during the third quarter. SG Americas Securities LLC now owns 7,493 shares of the company’s stock worth $271,000 after purchasing an additional 2,514 shares in the last quarter. Sycomore Asset Management lifted its stake in shares of Invesco China Technology ETF by 220.9% in the third quarter. Sycomore Asset Management now owns 13,800 shares of the company’s stock worth $504,000 after acquiring an additional 9,500 shares in the last quarter. Banque Pictet & Cie SA lifted its stake in shares of Invesco China Technology ETF by 44.2% in the third quarter. Banque Pictet & Cie SA now owns 70,192 shares of the company’s stock worth $2,541,000 after acquiring an additional 21,528 shares in the last quarter. ICICI Prudential Asset Management Co Ltd lifted its stake in shares of Invesco China Technology ETF by 12.7% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 55,928 shares of the company’s stock worth $2,026,000 after acquiring an additional 6,305 shares in the last quarter. Finally, HighTower Advisors LLC acquired a new position in shares of Invesco China Technology ETF in the third quarter worth about $634,000.

Invesco China Technology ETF Stock Performance

Shares of NYSEARCA:CQQQ traded up $1.21 during trading on Friday, hitting $33.98. The company’s stock had a trading volume of 190,954 shares, compared to its average volume of 284,638. Invesco China Technology ETF has a fifty-two week low of $27.68 and a fifty-two week high of $44.04. The stock’s 50-day moving average price is $32.03 and its two-hundred day moving average price is $33.56. The company has a market capitalization of $643.92 million, a PE ratio of 16.08 and a beta of 0.64.

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).