Invesco China Technology ETF (NYSEARCA:CQQQ) Sees Unusually-High Trading Volume

Invesco China Technology ETF (NYSEARCA:CQQQ) saw unusually-strong trading volume on Thursday . Approximately 261,849 shares were traded during trading, an increase of 12% from the previous session’s volume of 233,869 shares.The stock last traded at $35.40 and had previously closed at $34.68.

Invesco China Technology ETF Stock Up 0.1 %

The company has a market cap of $669.41 million, a PE ratio of 19.03 and a beta of 1.22. The stock’s 50 day simple moving average is $35.15 and its two-hundred day simple moving average is $33.18.

Hedge Funds Weigh In On Invesco China Technology ETF

Hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC acquired a new stake in Invesco China Technology ETF during the 4th quarter valued at $32,000. SG Americas Securities LLC grew its holdings in Invesco China Technology ETF by 13.7% during the 4th quarter. SG Americas Securities LLC now owns 8,521 shares of the company’s stock worth $306,000 after acquiring an additional 1,028 shares in the last quarter. Sycomore Asset Management acquired a new position in Invesco China Technology ETF during the 1st quarter worth $317,000. Axxcess Wealth Management LLC acquired a new position in Invesco China Technology ETF during the 4th quarter worth $363,000. Finally, GSA Capital Partners LLP grew its holdings in Invesco China Technology ETF by 95.0% during the 1st quarter. GSA Capital Partners LLP now owns 24,861 shares of the company’s stock worth $797,000 after acquiring an additional 12,115 shares in the last quarter.

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).