10,675 Shares in Invesco China Technology ETF $CQQQ Purchased by Ground Swell Capital LLC

Ground Swell Capital LLC acquired a new position in Invesco China Technology ETF (NYSEARCA:CQQQ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,675 shares of the company’s stock, valued at approximately $630,000. Invesco China Technology ETF makes up about 1.4% of Ground Swell Capital LLC’s investment portfolio, making the stock its 15th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its holdings in shares of Invesco China Technology ETF by 98.3% in the second quarter. Cetera Investment Advisers now owns 29,505 shares of the company’s stock valued at $1,306,000 after acquiring an additional 14,626 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in Invesco China Technology ETF by 138.0% during the third quarter. Bank Pictet & Cie Europe AG now owns 24,974 shares of the company’s stock worth $1,474,000 after acquiring an additional 14,479 shares during the period. Synergy Asset Management LLC purchased a new position in Invesco China Technology ETF in the third quarter worth $2,477,000. Trek Financial LLC purchased a new position in Invesco China Technology ETF in the third quarter worth $18,848,000. Finally, Sage Mountain Advisors LLC grew its stake in Invesco China Technology ETF by 331.6% in the 2nd quarter. Sage Mountain Advisors LLC now owns 1,187 shares of the company’s stock valued at $53,000 after purchasing an additional 912 shares during the period.

Invesco China Technology ETF Price Performance

NYSEARCA CQQQ opened at $52.60 on Friday. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of 20.61 and a beta of 0.43. Invesco China Technology ETF has a one year low of $35.62 and a one year high of $61.20. The business’s fifty day moving average is $54.32 and its 200-day moving average is $53.81.

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).