Banque Pictet & Cie SA Grows Position in Invesco China Technology ETF $CQQQ

Banque Pictet & Cie SA lifted its position in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) by 33.3% during the 4th quarter, HoldingsChannel reports. The firm owned 327,973 shares of the company’s stock after acquiring an additional 81,946 shares during the period. Banque Pictet & Cie SA’s holdings in Invesco China Technology ETF were worth $17,055,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CQQQ. CWM LLC bought a new position in Invesco China Technology ETF in the third quarter worth $34,000. Advisory Services Network LLC purchased a new position in Invesco China Technology ETF during the third quarter valued at $60,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Invesco China Technology ETF during the 3rd quarter valued at $79,000. Stelac Advisory Services LLC bought a new stake in shares of Invesco China Technology ETF during the 3rd quarter valued at $124,000. Finally, Compagnie Lombard Odier SCmA purchased a new stake in shares of Invesco China Technology ETF in the 3rd quarter worth about $218,000.

Invesco China Technology ETF Price Performance

Shares of Invesco China Technology ETF stock opened at $45.88 on Thursday. The company has a 50-day moving average of $51.45 and a 200 day moving average of $53.75. The firm has a market cap of $2.59 billion, a price-to-earnings ratio of 20.61 and a beta of 0.43. Invesco China Technology ETF has a 1 year low of $35.62 and a 1 year 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).