Invesco Golden Dragon China ETFPGJ
PGJ
0
Funds holding %
of 6,790 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
32% more call options, than puts
Call options by funds: $414K | Put options by funds: $313K
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
9.17% less ownership
Funds ownership: 18.8% [Q2] → 9.64% (-9.17%) [Q3]
10% less funds holding
Funds holding: 41 [Q2] → 37 (-4) [Q3]
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
45% less capital invested
Capital invested by funds: $25.5M [Q2] → $14M (-$11.5M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for PGJ.
Financial journalist opinion
Neutral
Seeking Alpha
3 weeks ago
Bullish On China, But Not On PGJ
Chinese stocks appear undervalued and could offer diversification from US markets, which are currently priced for perfection. Valuations in China are much lower compared to the US, making it a contrarian buy, especially during periods of negative sentiment. Invesco Golden Dragon China ETF is holding mostly ADRs from technology companies, which comes with additional risks, which I am not comfortable with.
Positive
Seeking Alpha
1 month ago
Where The Money Is Flowing In ETFs After China's Stimulus Package
China's stimulus plan head lead to big fund flows in ETFs. The trend towards private asset ETFs continues to gain steam.
Negative
Market Watch
1 month ago
ETFs that buy Chinese stocks struggle lately amid ‘lost faith' in China stimulus
Chinese stocks are under pressure lately, with declines this month eroding gains from the massive rally sparked by China's stimulus announcement in September.
Positive
CNBC
2 months ago
China stock ETFs rip higher even as mainland markets close for holiday
Exchange-traded funds overseas that track Chinese stocks continued their rally Wednesday even as mainland markets were shut for a week-long holiday.
Positive
Seeking Alpha
2 months ago
Hang Seng Index: Start Of A Potential New Medium-Term Bullish Trend
Aggressive interest rate cuts by PBoC coupled with potential expansionary fiscal policies that target consumer spending have stoked positive animal spirits. Market breadth has improved on China CSI 300 and Hong Kong Hang Seng Index.
Positive
Market Watch
2 months ago
China ETFs set for best week on record after Beijing fires policy ‘bazooka' to boost economy. Is it time to jump in?
China ETFs have surged on the back of a blitz of stimulus measures by the country's government to revive the world's second-largest economy.
Positive
Market Watch
2 months ago
David Tepper is buying ‘everything' in China: ‘ETFs
Billionaire hedge-fund manager David Tepper says it's an “everything” rally in China after Beijing announced a slew of stimulus measures.
Positive
Zacks Investment Research
2 months ago
A Few Reasons to Buy China ETFs Now
As China grapples with slowing growth, mounting debt, and weakening consumer confidence, central bank eases policies.
Positive
Zacks Investment Research
2 months ago
Time to Buy China ETFs Following Billionaire Investors?
Although concerns over China's economic challenges remain rife, some billionaire investors are betting big on China ETFs.
Negative
Seeking Alpha
2 months ago
China's Data Dump Shows That Time Is Running Out To Achieve This Year's Growth Target
Data largely came in weaker than already cautious forecasts, and with a less supportive base effect, we will need to see a significant stimulus push to reach this year's growth target. Looking at the output of industrial products, we can see the clear impact of the property market decline play out.
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