MGB Wealth Management LLC Sells 983 Shares of Invesco Golden Dragon China ETF (NASDAQ:PGJ)

MGB Wealth Management LLC reduced its position in shares of Invesco Golden Dragon China ETF (NASDAQ:PGJ) by 11.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,902 shares of the company’s stock after selling 983 shares during the period. MGB Wealth Management LLC owned about 0.13% of Invesco Golden Dragon China ETF worth $223,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new position in Invesco Golden Dragon China ETF during the 2nd quarter valued at about $775,000. Wealth Enhancement Advisory Services LLC bought a new position in Invesco Golden Dragon China ETF during the 3rd quarter valued at about $245,000. Finally, Commonwealth Equity Services LLC lifted its holdings in Invesco Golden Dragon China ETF by 8.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 13,449 shares of the company’s stock valued at $299,000 after purchasing an additional 1,005 shares during the last quarter.

Invesco Golden Dragon China ETF Trading Down 1.3 %

Shares of NASDAQ PGJ opened at $25.20 on Friday. Invesco Golden Dragon China ETF has a 1-year low of $19.97 and a 1-year high of $31.97. The company has a market cap of $154.73 million, a PE ratio of 14.59 and a beta of 0.58. The company has a 50-day moving average of $26.71 and a two-hundred day moving average of $24.60.

Invesco Golden Dragon China ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.152 dividend. This represents a $0.61 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco Golden Dragon China ETF Company Profile

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.