Trek Financial LLC Takes Position in Invesco China Technology ETF $CQQQ

Trek Financial LLC acquired a new stake in Invesco China Technology ETF (NYSEARCA:CQQQ) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 319,405 shares of the company’s stock, valued at approximately $18,848,000. Invesco China Technology ETF accounts for 1.1% of Trek Financial LLC’s holdings, making the stock its 20th biggest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada increased its stake in Invesco China Technology ETF by 1,936.5% during the first quarter. Royal Bank of Canada now owns 207,501 shares of the company’s stock worth $9,193,000 after purchasing an additional 197,312 shares during the period. Goldman Sachs Group Inc. increased its stake in Invesco China Technology ETF by 3.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 193,643 shares of the company’s stock worth $8,580,000 after buying an additional 5,640 shares during the period. Focus Partners Wealth acquired a new stake in Invesco China Technology ETF during the 1st quarter worth approximately $597,000. Farther Finance Advisors LLC purchased a new position in Invesco China Technology ETF in the 2nd quarter valued at approximately $142,000. Finally, Banque Pictet & Cie SA increased its position in shares of Invesco China Technology ETF by 18.9% during the second quarter. Banque Pictet & Cie SA now owns 132,687 shares of the company’s stock worth $5,871,000 after acquiring an additional 21,121 shares during the period.

Invesco China Technology ETF Trading Up 0.7%

NYSEARCA:CQQQ traded up $0.42 during midday trading on Friday, reaching $57.76. The company had a trading volume of 765,487 shares, compared to its average volume of 1,487,024. Invesco China Technology ETF has a 12-month low of $35.62 and a 12-month high of $61.20. The firm has a market capitalization of $3.18 billion, a price-to-earnings ratio of 20.61 and a beta of 0.43. The stock’s fifty day simple moving average is $53.54 and its 200-day simple moving average is $52.92.

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).