PNC Financial Services Group Inc. Buys New Shares in Invesco China Technology ETF $CQQQ

PNC Financial Services Group Inc. purchased a new position in shares of Invesco China Technology ETF (NYSEARCA:CQQQ) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 4,892,090 shares of the company’s stock, valued at approximately $288,682,000. PNC Financial Services Group Inc. owned 0.09% of Invesco China Technology ETF at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of CQQQ. CWM LLC bought a new stake in Invesco China Technology ETF in the 3rd quarter worth approximately $34,000. Sage Mountain Advisors LLC raised its stake in shares of Invesco China Technology ETF by 331.6% during the second quarter. Sage Mountain Advisors LLC now owns 1,187 shares of the company’s stock worth $53,000 after acquiring an additional 912 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Invesco China Technology ETF during the third quarter worth approximately $79,000. Optimum Investment Advisors lifted its holdings in shares of Invesco China Technology ETF by 40.3% in the 2nd quarter. Optimum Investment Advisors now owns 2,525 shares of the company’s stock worth $112,000 after acquiring an additional 725 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. purchased a new stake in shares of Invesco China Technology ETF in the 2nd quarter valued at $120,000.

Invesco China Technology ETF Stock Up 1.1%

Shares of NYSEARCA:CQQQ opened at $53.16 on Friday. The stock has a market cap of $3.00 billion, a PE ratio of 20.61 and a beta of 0.43. The company’s fifty day moving average is $54.33 and its 200 day moving average is $53.90. Invesco China Technology ETF has a 52 week low of $35.62 and a 52 week 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).