Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Sees Unusually-High Trading Volume

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) saw unusually-high trading volume on Monday . Approximately 109,542 shares were traded during trading, an increase of 159% from the previous session’s volume of 42,344 shares.The stock last traded at $54.88 and had previously closed at $55.29.

Invesco S&P Global Water Index ETF Price Performance

The firm has a market capitalization of $966.82 million, a PE ratio of 28.12 and a beta of 0.90. The company’s fifty day simple moving average is $56.93 and its 200 day simple moving average is $54.47.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CGW. Fortis Group Advisors LLC increased its stake in Invesco S&P Global Water Index ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 244 shares during the last quarter. US Bancorp DE raised its holdings in shares of Invesco S&P Global Water Index ETF by 0.8% during the 1st quarter. US Bancorp DE now owns 35,058 shares of the company’s stock valued at $1,947,000 after buying an additional 265 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Invesco S&P Global Water Index ETF by 11.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,325 shares of the company’s stock worth $229,000 after buying an additional 451 shares during the last quarter. Mather Group LLC. purchased a new stake in Invesco S&P Global Water Index ETF in the first quarter worth approximately $26,000. Finally, Phoenix Wealth Advisors grew its position in Invesco S&P Global Water Index ETF by 10.9% during the fourth quarter. Phoenix Wealth Advisors now owns 7,041 shares of the company’s stock valued at $369,000 after acquiring an additional 691 shares during the last quarter.

Invesco S&P Global Water Index ETF Company Profile

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.