Advisory Services Network LLC Invests $493,000 in Invesco Golden Dragon China ETF (NASDAQ:PGJ)

Advisory Services Network LLC purchased a new position in shares of Invesco Golden Dragon China ETF (NASDAQ:PGJ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 18,834 shares of the company’s stock, valued at approximately $493,000. Advisory Services Network LLC owned 0.35% of Invesco Golden Dragon China ETF at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Sava Infond d.o.o. purchased a new position in shares of Invesco Golden Dragon China ETF during the fourth quarter valued at approximately $34,000. JPMorgan Chase & Co. lifted its stake in shares of Invesco Golden Dragon China ETF by 2,678.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,556 shares of the company’s stock worth $41,000 after acquiring an additional 1,500 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in Invesco Golden Dragon China ETF by 35.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,596 shares of the company’s stock valued at $186,000 after acquiring an additional 1,744 shares during the period. Envestnet Asset Management Inc. grew its position in Invesco Golden Dragon China ETF by 17.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 18,670 shares of the company’s stock valued at $488,000 after acquiring an additional 2,749 shares during the last quarter. Finally, LPL Financial LLC increased its stake in Invesco Golden Dragon China ETF by 17.2% in the fourth quarter. LPL Financial LLC now owns 41,772 shares of the company’s stock worth $1,093,000 after purchasing an additional 6,127 shares during the period.

Invesco Golden Dragon China ETF Trading Down 2.7 %

NASDAQ:PGJ opened at $25.33 on Thursday. The stock has a fifty day simple moving average of $29.19 and a 200-day simple moving average of $27.66. The company has a market cap of $134.00 million, a price-to-earnings ratio of 14.92 and a beta of 0.58. Invesco Golden Dragon China ETF has a twelve month low of $19.97 and a twelve month high of $32.86.

Invesco Golden Dragon China ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.0718 dividend. This is a boost from Invesco Golden Dragon China ETF’s previous dividend of $0.07. The ex-dividend date was Monday, March 24th.

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.