Friday's ETF Movers: CQQQ, PSK (1/18, 1:40 PM ET) -- In trading on Friday, the Invesco China Technology ETF (CQQQ) is outperforming other ETFs, up about 3% on the day. Components of that ETF showing particular strength include shares of Baozun (BZUN), up about 9.1% and shares of Cheetah Mobile (CMCM), up about 6.8% on the day.

And underperforming other ETFs today is the SPDR Wells Fargo Preferred Stock ETF (PSK), trading flat in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of SCE Trust II Trust Preferred Securities (SCE.PRG), lower by about 1.1%, and shares of HSBC Holdings Adr Ser A Rep 1/40 Pfd Ser A (HSBC.PRA), lower by about 0.7% on the day.

For MarketNewsVideo.com, I'm Sayoko Murase.