Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Reaches New 1-Year High at $58.17

Invesco S&P Global Water Index ETF (NYSEARCA:CGW)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $58.17 and last traded at $58.17, with a volume of 7010 shares trading hands. The stock had previously closed at $57.90.

Invesco S&P Global Water Index ETF Price Performance

The business has a fifty day moving average of $54.77 and a 200-day moving average of $52.16. The stock has a market cap of $1.02 billion, a PE ratio of 28.12 and a beta of 0.90.

Institutional Trading of Invesco S&P Global Water Index ETF

Several institutional investors and hedge funds have recently made changes to their positions in CGW. Raymond James & Associates raised its stake in Invesco S&P Global Water Index ETF by 5.3% in the third quarter. Raymond James & Associates now owns 42,575 shares of the company’s stock worth $1,981,000 after buying an additional 2,161 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of Invesco S&P Global Water Index ETF by 11.4% in the 3rd quarter. Park Avenue Securities LLC now owns 12,034 shares of the company’s stock worth $560,000 after acquiring an additional 1,235 shares in the last quarter. TIAA Trust National Association purchased a new stake in shares of Invesco S&P Global Water Index ETF during the 3rd quarter worth $429,000. Addison Advisors LLC boosted its position in Invesco S&P Global Water Index ETF by 4.9% during the third quarter. Addison Advisors LLC now owns 77,172 shares of the company’s stock valued at $3,590,000 after purchasing an additional 3,575 shares in the last quarter. Finally, Conservest Capital Advisors Inc. grew its stake in Invesco S&P Global Water Index ETF by 0.6% in the third quarter. Conservest Capital Advisors Inc. now owns 569,543 shares of the company’s stock valued at $26,495,000 after purchasing an additional 3,154 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.