Eschler Asset Management LLP Sells 35,723 Shares of Invesco China Technology ETF $CQQQ

Eschler Asset Management LLP lessened its stake in Invesco China Technology ETF (NYSEARCA:CQQQ) by 87.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,038 shares of the company’s stock after selling 35,723 shares during the quarter. Eschler Asset Management LLP’s holdings in Invesco China Technology ETF were worth $297,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of CQQQ. JPMorgan Chase & Co. increased its holdings in Invesco China Technology ETF by 1.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 27,783 shares of the company’s stock valued at $1,229,000 after buying an additional 424 shares during the period. CWM LLC acquired a new position in shares of Invesco China Technology ETF in the 3rd quarter valued at approximately $34,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Invesco China Technology ETF during the 3rd quarter worth approximately $79,000. Raymond James Financial Inc. lifted its holdings in shares of Invesco China Technology ETF by 34.1% during the 2nd quarter. Raymond James Financial Inc. now owns 8,506 shares of the company’s stock worth $376,000 after acquiring an additional 2,161 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. bought a new stake in shares of Invesco China Technology ETF during the 2nd quarter worth approximately $120,000.

Invesco China Technology ETF Trading Down 1.8%

NYSEARCA CQQQ opened at $49.36 on Friday. The firm’s 50 day simple moving average is $54.10 and its 200 day simple moving average is $54.29. The firm has a market capitalization of $2.78 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.

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).