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CQQQ

Invesco China Technology ETF

http://www.invesco.com/portal/site/us/investors/etfs/product-detail?productId=CQQQ

Industry

Asset Management

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index, as well as ADRs and GDRs that represent securities in the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains, and calculates the underlying index. The underlying index may include China A-Shares, B Shares, H Shares, N Shares, Red Chips, P Chips and S Chips. The fund is non-diversified.

Open

44.11

Mkt cap

795M

Volume

525K

High

45.16

P/E Ratio

23.24

52-wk high

50.98

Low

44.09

Div yield

0.00

52-wk low

27.68

On May 20th, U.S. stock markets closed mixed with the Nasdaq reaching a record high and the S&P 500 rising slightly due to gains in technology stocks ahead of Nvidia’s earnings. The Dow Jones Industrial Average fell. Asian and European markets dipped, with notable declines in Japan, China, and Hong Kong. Commodities like crude oil and gold also saw declines.

Portfolio Pulse from Akanksha Bakshi

May 21, 2024 | 10:53 am

On May 17th, U.S. stock markets closed mixed with the Dow Jones surpassing 40,000 for the first time. Reddit rose 10% after partnering with OpenAI, while GameStop fell nearly 20% due to a mixed-shelf offering and lower sales expectations. Global markets, including Asia and Europe, saw gains driven by expectations of U.S. rate cuts and rising commodity prices.

Portfolio Pulse from Akanksha Bakshi

May 20, 2024 | 10:36 am

U.S. stock markets closed higher with the Nasdaq reaching a record high. The S&P 500 and Dow Jones also saw gains, driven by reassurances from Federal Reserve Chair Jerome Powell and anticipation of the consumer inflation report. U.S. producer prices increased by 0.5% in April. The technology sector led gains while consumer staples declined. Commodities like gold, silver, and copper saw price increases, with copper hitting a two-year high.

Portfolio Pulse from Akanksha Bakshi

May 15, 2024 | 10:46 am

Autohome Inc (NYSE:ATHM) reported first-quarter FY24 revenues of $222.9 million, surpassing consensus estimates. The company saw growth in leads generation and online marketplace revenues, with adjusted net income rising to $68.4 million. Autohome's user base also grew, with daily active users increasing by 8.1% year-over-year. The company's focus on data products and new energy vehicle brands contributed to its revenue growth. ATHM shares rose by 3.99% to $28.09. Exposure to ATHM can be gained through Invesco China Technology ETF (NYSE:CQQQ) and American Century ETF Trust Avantis Emerging Markets Small Cap Equity ETF (NYSE:AVEE).

Portfolio Pulse from Lekha Gupta

May 08, 2024 | 1:51 pm

U.S. stock markets closed higher, influenced by the Federal Reserve's dovish rate guidance and mixed earnings. The Nasdaq benefited from Qualcomm's strong quarterly results, while the S&P 500 and Dow Jones also saw gains. Asian markets were mixed, with Australia's index up and India's down. European markets gained, and commodities saw mixed movements with crude oil and gold falling below key levels.

Portfolio Pulse from Akanksha Bakshi

May 03, 2024 | 10:37 am

Global markets showed mixed results with the U.S. stock markets closing mixed after the Federal Reserve held interest rates steady. U.S. private employers added 192,000 jobs in April, and the ISM manufacturing PMI indicated a contraction. Energy stocks in the S&P 500 saw the biggest drop, while utilities gained. Asian markets were mixed, with notable gains in Hong Kong shares of Chinese electric vehicle makers like Nio Inc after strong April delivery numbers. European markets were mostly down, and commodities saw crude oil trading higher.

Portfolio Pulse from Akanksha Bakshi

May 02, 2024 | 10:49 am

U.S. stock markets closed higher, driven by strong tech earnings and mild inflation data. Alphabet announced its first dividend and a $70 billion buyback, boosting its shares by 10% and its valuation above $2 trillion. The PCE price index rose to 2.7% in March. Asian markets also saw gains, while European markets were mixed. Commodities and U.S. futures indicated varied movements, with the yen surging against the dollar due to potential Japanese intervention.

Portfolio Pulse from Akanksha Bakshi

April 29, 2024 | 10:35 am

Global markets showed mixed responses with Asia markets mixed, Europe dipping, and US markets closing mixed influenced by Treasury yields, tech earnings, and economic data. Copper prices rose following BHP's buyout offer to Anglo American, affecting the stock prices of both companies. Economic indicators such as U.S. mortgage applications, orders for durable goods, and crude oil inventories also influenced market movements.

Portfolio Pulse from Akanksha Bakshi

April 25, 2024 | 10:57 am

U.S. stock markets closed higher, driven by strong earnings and interest in growth stocks, with Tesla's stock surging 6% after hours despite lower-than-expected revenue. The S&P Global composite PMI dropped, while new home sales rose. Asian and European markets also saw gains, with Japan's Nikkei 225 leading. Commodities saw mixed results, and the U.S. dollar index rose.

Portfolio Pulse from Akanksha Bakshi

April 24, 2024 | 10:47 am

U.S. stock markets closed higher with the S&P 500, Nasdaq, and Dow Jones seeing gains after a six-day loss streak, buoyed by positive economic data and anticipation of quarterly earnings reports. Asian and European markets also advanced, except for China's indexes which declined. Gold prices fell amid diminished geopolitical tensions and a stronger dollar.

Portfolio Pulse from Akanksha Bakshi

April 23, 2024 | 10:22 am

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