Invesco Golden Dragon China ETFPGJ
PGJ
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
58% more capital invested
Capital invested by funds: $14M [Q3] → $22.2M (+$8.18M) [Q4]
11% more funds holding
Funds holding: 38 [Q3] → 42 (+4) [Q4]
5.83% more ownership
Funds ownership: 9.65% [Q3] → 15.47% (+5.83%) [Q4]
60% less call options, than puts
Call options by funds: $44K | Put options by funds: $110K
Research analyst outlook
We haven’t received any recent analyst ratings for PGJ.
Financial journalist opinion
Neutral
Seeking Alpha
6 days ago
PGJ: China Wasn't Doing So Well Even Before The Trade War
I am bearish on China's long-term prospects, despite a recent 4.5% rise in the index since June 2024, due to government stimulus measures. The People's Bank of China's September stimulus included lower bank reserve requirements, mortgage rate reductions, and subsidized business loans, temporarily boosting markets. Recent market gains from the stimulus have retracted, highlighting persistent underlying issues in China's economy despite short-term boosts.
Positive
Seeking Alpha
1 month ago
Why Chinese Equities Are Outperforming Wall Street
Has the AI trade moved to China? Why Chinese chipmakers may soon change the semiconductor space.
Positive
ETF Trends
1 month ago
Disruptive Theme of the Week: China ETFs Rallying YTD
One of the top themes year-to-date has been China-focused technology ETFs. China technology stocks have surged on AI enthusiasm related to China startup DeepSeek's AI model launch.
Negative
Seeking Alpha
2 months ago
PGJ: High Volatility And Structural Challenges Ahead
Invesco Golden Dragon China ETF has underperformed with a volatile history and an annualized total return of only 4.7% since inception. PGJ is heavily concentrated in consumer discretionary stocks, making it highly sensitive to economic cycles and vulnerable during downturns. China's long-term structural challenges, including population decline, high household debt, and a housing market bubble burst, will likely hinder PGJ's future performance.
Negative
Seeking Alpha
3 months ago
Hang Seng Index: Transforming Into A Medium-Term Bearish Trend Despite Improving Services PMI From China
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Weak market breadth and a persistent bearish trend of the Chinese yuan since November has added to more woes to the Hang Seng Index.
Neutral
Seeking Alpha
5 months 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
5 months 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
6 months 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
6 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
6 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.
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