Evergreen Capital Management LLC Has $9.45 Million Position in Invesco China Technology ETF $CQQQ

Evergreen Capital Management LLC boosted its stake in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) by 10.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 213,453 shares of the company’s stock after buying an additional 20,016 shares during the quarter. Evergreen Capital Management LLC’s holdings in Invesco China Technology ETF were worth $9,445,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Meitav Investment House Ltd. lifted its position in shares of Invesco China Technology ETF by 240.0% in the second quarter. Meitav Investment House Ltd. now owns 970,420 shares of the company’s stock valued at $42,966,000 after buying an additional 685,000 shares during the last quarter. Schroder Investment Management Group increased its holdings in Invesco China Technology ETF by 103.3% in the 2nd quarter. Schroder Investment Management Group now owns 935,000 shares of the company’s stock valued at $41,196,000 after buying an additional 475,000 shares during the period. BNP Paribas Financial Markets bought a new stake in Invesco China Technology ETF during the second quarter worth $10,652,000. Royal Bank of Canada boosted its stake in Invesco China Technology ETF by 1,936.5% in the first quarter. Royal Bank of Canada now owns 207,501 shares of the company’s stock valued at $9,193,000 after buying an additional 197,312 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Invesco China Technology ETF during the 2nd quarter valued at approximately $8,238,000.

Invesco China Technology ETF Stock Performance

Shares of CQQQ opened at $52.56 on Friday. The stock has a fifty day moving average of $54.62 and a 200-day moving average of $50.56. Invesco China Technology ETF has a 52 week low of $35.62 and a 52 week high of $61.20. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 20.61 and a beta of 0.43.

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).