Invesco China Technology ETF (NYSEARCA:CQQQ) Shares Sold by Sycomore Asset Management

Sycomore Asset Management trimmed its holdings in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) by 77.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,450 shares of the company’s stock after selling 4,950 shares during the period. Sycomore Asset Management’s holdings in Invesco China Technology ETF were worth $55,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of CQQQ. Ground Swell Capital LLC purchased a new position in Invesco China Technology ETF in the third quarter valued at approximately $221,000. Pictet North America Advisors SA purchased a new position in shares of Invesco China Technology ETF in the third quarter valued at $225,000. Hsbc Holdings PLC purchased a new position in shares of Invesco China Technology ETF in the second quarter valued at $335,000. Private Advisor Group LLC increased its position in shares of Invesco China Technology ETF by 19.0% in the third quarter. Private Advisor Group LLC now owns 11,273 shares of the company’s stock valued at $465,000 after buying an additional 1,802 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its position in Invesco China Technology ETF by 81.9% during the 1st quarter. Axxcess Wealth Management LLC now owns 18,368 shares of the company’s stock worth $589,000 after purchasing an additional 8,268 shares in the last quarter.

Invesco China Technology ETF Stock Performance

Shares of NYSEARCA CQQQ traded down $1.05 during trading on Thursday, reaching $40.90. The stock had a trading volume of 182,069 shares, compared to its average volume of 297,231. Invesco China Technology ETF has a one year low of $27.68 and a one year high of $50.98. The stock has a market cap of $775.06 million, a PE ratio of 19.03 and a beta of 1.22. The firm’s 50 day moving average price is $39.22 and its two-hundred day moving average price is $35.87.

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).