HighTower Advisors LLC Sells 977 Shares of Invesco China Technology ETF (NYSEARCA:CQQQ)

HighTower Advisors LLC lessened its holdings in Invesco China Technology ETF (NYSEARCA:CQQQ) by 2.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 33,880 shares of the company’s stock after selling 977 shares during the quarter. HighTower Advisors LLC owned approximately 0.18% of Invesco China Technology ETF worth $1,334,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of CQQQ. Union Bancaire Privee UBP SA purchased a new stake in shares of Invesco China Technology ETF in the fourth quarter valued at approximately $59,000. Sycomore Asset Management lifted its holdings in shares of Invesco China Technology ETF by 320.7% in the 4th quarter. Sycomore Asset Management now owns 6,100 shares of the company’s stock worth $233,000 after buying an additional 4,650 shares during the period. DRW Securities LLC bought a new position in shares of Invesco China Technology ETF during the 3rd quarter worth $343,000. SVB Wealth LLC purchased a new position in shares of Invesco China Technology ETF during the fourth quarter valued at $1,291,000. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Invesco China Technology ETF in the fourth quarter valued at about $1,357,000.

Invesco China Technology ETF Price Performance

CQQQ opened at $45.16 on Wednesday. The firm has a market capitalization of $1.02 billion, a PE ratio of 25.67 and a beta of 0.51. The business’s 50-day moving average is $44.92 and its two-hundred day moving average is $41.58. Invesco China Technology ETF has a 1 year low of $30.25 and a 1 year high of $50.98.

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).