Avestar Capital LLC Takes Position in Invesco Golden Dragon China ETF (NASDAQ:PGJ)

Avestar Capital LLC purchased a new position in Invesco Golden Dragon China ETF (NASDAQ:PGJ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,714 shares of the company’s stock, valued at approximately $620,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets grew its holdings in Invesco Golden Dragon China ETF by 35.9% in the third quarter. BNP Paribas Financial Markets now owns 6,596 shares of the company’s stock worth $186,000 after purchasing an additional 1,744 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Invesco Golden Dragon China ETF in the 3rd quarter worth approximately $245,000. MML Investors Services LLC grew its stake in shares of Invesco Golden Dragon China ETF by 38.8% in the 3rd quarter. MML Investors Services LLC now owns 24,521 shares of the company’s stock worth $691,000 after buying an additional 6,850 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd increased its position in Invesco Golden Dragon China ETF by 419.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 29,033 shares of the company’s stock valued at $817,000 after buying an additional 23,445 shares in the last quarter.

Invesco Golden Dragon China ETF Trading Up 1.3 %

Shares of NASDAQ:PGJ opened at $29.73 on Friday. The stock has a fifty day simple moving average of $26.77 and a two-hundred day simple moving average of $25.46. The stock has a market capitalization of $157.87 million, a price-to-earnings ratio of 14.59 and a beta of 0.58. Invesco Golden Dragon China ETF has a 12-month low of $19.97 and a 12-month high of $31.97.

Invesco Golden Dragon China ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0651 per share. The ex-dividend date was Monday, December 23rd.

About Invesco Golden Dragon China ETF

The Invesco Golden Dragon China ETF (PGJ) is an exchange-traded fund that is based on the NASDAQ Golden Dragon China index, a market-cap-weighted index of Chinese stocks. PGJ was launched on Dec 9, 2004 and is managed by Invesco.