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

Shares of Invesco S&P Global Water Index ETF (NYSEARCA:CGW) saw strong trading volume on Monday . 61,784 shares traded hands during trading, an increase of 70% from the previous session’s volume of 36,287 shares.The stock last traded at $54.81 and had previously closed at $55.21.

Invesco S&P Global Water Index ETF Trading Down 0.8 %

The company’s fifty day moving average is $55.96 and its 200-day moving average is $57.99. The firm has a market capitalization of $957.55 million, a P/E ratio of 28.12 and a beta of 0.90.

Institutional Trading of Invesco S&P Global Water Index ETF

Hedge funds have recently bought and sold shares of the stock. Conservest Capital Advisors Inc. raised its stake in shares of Invesco S&P Global Water Index ETF by 6.3% in the 3rd quarter. Conservest Capital Advisors Inc. now owns 571,788 shares of the company’s stock valued at $34,993,000 after buying an additional 33,677 shares in the last quarter. Jane Street Group LLC increased its position in shares of Invesco S&P Global Water Index ETF by 271.1% during the 3rd quarter. Jane Street Group LLC now owns 136,784 shares of the company’s stock worth $8,371,000 after purchasing an additional 99,924 shares in the last quarter. Addison Advisors LLC increased its position in shares of Invesco S&P Global Water Index ETF by 6.7% during the 3rd quarter. Addison Advisors LLC now owns 94,499 shares of the company’s stock worth $5,783,000 after purchasing an additional 5,973 shares in the last quarter. Raymond James & Associates increased its position in shares of Invesco S&P Global Water Index ETF by 3.0% during the 3rd quarter. Raymond James & Associates now owns 90,158 shares of the company’s stock worth $5,518,000 after purchasing an additional 2,652 shares in the last quarter. Finally, Bleakley Financial Group LLC increased its position in shares of Invesco S&P Global Water Index ETF by 0.7% during the 4th quarter. Bleakley Financial Group LLC now owns 66,076 shares of the company’s stock worth $3,581,000 after purchasing an additional 473 shares in 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.