J. Safra Sarasin Holding AG Sells 11,520 Shares of Invesco China Technology ETF $CQQQ

J. Safra Sarasin Holding AG lessened its holdings in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) by 61.4% in the first quarter, Holdings Channel.com reports. The fund owned 7,240 shares of the company’s stock after selling 11,520 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Invesco China Technology ETF were worth $333,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in shares of Invesco China Technology ETF by 1,936.5% in the 1st quarter. Royal Bank of Canada now owns 207,501 shares of the company’s stock valued at $9,193,000 after purchasing an additional 197,312 shares during the period. Goldman Sachs Group Inc. increased its holdings in Invesco China Technology ETF by 3.0% in the first quarter. Goldman Sachs Group Inc. now owns 193,643 shares of the company’s stock valued at $8,580,000 after purchasing an additional 5,640 shares during the last quarter. Focus Partners Wealth bought a new stake in Invesco China Technology ETF in the first quarter valued at about $597,000. JPMorgan Chase & Co. lifted its stake in Invesco China Technology ETF by 1.5% in the second 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. Finally, Marshall Wace LLP acquired a new position in Invesco China Technology ETF in the second quarter valued at about $2,461,000.

Invesco China Technology ETF Trading Down 0.4%

Shares of CQQQ opened at $53.79 on Thursday. The stock has a market cap of $3.15 billion, a P/E ratio of 20.61 and a beta of 0.60. Invesco China Technology ETF has a 1 year low of $44.29 and a 1 year high of $61.20. The stock’s 50-day moving average price is $53.73 and its two-hundred day moving average price is $52.34.

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).