Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Sees Strong Trading Volume – Here’s Why

Shares of Invesco S&P Global Water Index ETF (NYSEARCA:CGW) saw an uptick in trading volume on Friday . 54,872 shares were traded during trading, an increase of 48% from the previous session’s volume of 36,986 shares.The stock last traded at $56.11 and had previously closed at $55.20.

Invesco S&P Global Water Index ETF Stock Performance

The business’s 50 day moving average is $54.97 and its 200-day moving average is $57.43. The firm has a market capitalization of $906.99 million, a price-to-earnings ratio of 25.60 and a beta of 1.00.

Institutional Investors Weigh In On Invesco S&P Global Water Index ETF

Hedge funds have recently modified their holdings of the business. Legacy Bridge LLC bought a new position in Invesco S&P Global Water Index ETF during the fourth quarter worth $27,000. TD Private Client Wealth LLC grew its position in Invesco S&P Global Water Index ETF by 509.3% in the 3rd quarter. TD Private Client Wealth LLC now owns 658 shares of the company’s stock worth $40,000 after purchasing an additional 550 shares during the last quarter. Mather Group LLC. increased its holdings in shares of Invesco S&P Global Water Index ETF by 82.3% during the 4th quarter. Mather Group LLC. now owns 886 shares of the company’s stock worth $48,000 after purchasing an additional 400 shares during the period. Vermillion Wealth Management Inc. bought a new position in shares of Invesco S&P Global Water Index ETF during the 4th quarter worth about $55,000. Finally, O Shaughnessy Asset Management LLC raised its position in shares of Invesco S&P Global Water Index ETF by 122.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,066 shares of the company’s stock valued at $58,000 after buying an additional 586 shares during the last quarter.

About Invesco S&P Global Water Index ETF

Guggenheim S&P Global Water Index ETF (the Fund), formerly Claymore S&P Global Water Index ETF seeks investment results that correspond generally to the performance of an equity index called the S&P Global Water NR Index. The S&P Global Water NR Index consists of approximately 50 equity securities selected based on investment and other criteria, from a universe of companies listed on global developed market exchanges.