Short Interest in Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Decreases By 75.6%

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 17,839 shares, a decrease of 75.6% from the June 30th total of 73,200 shares. Based on an average trading volume of 36,300 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are sold short.

Invesco S&P Global Water Index ETF Trading Down 0.2%

CGW traded down $0.11 during trading on Monday, hitting $64.56. 42,443 shares of the company’s stock traded hands, compared to its average volume of 37,071. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 21.45 and a beta of 0.91. Invesco S&P Global Water Index ETF has a 12-month low of $61.34 and a 12-month high of $68.92. The company’s 50 day simple moving average is $63.85 and its two-hundred day simple moving average is $64.88.

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

Hedge funds have recently modified their holdings of the business. Morgan Stanley grew its position in shares of Invesco S&P Global Water Index ETF by 4.5% during the fourth quarter. Morgan Stanley now owns 909,559 shares of the company’s stock worth $57,312,000 after purchasing an additional 38,819 shares in the last quarter. Conservest Capital Advisors Inc. boosted its position in Invesco S&P Global Water Index ETF by 0.3% in the 3rd quarter. Conservest Capital Advisors Inc. now owns 506,059 shares of the company’s stock valued at $32,509,000 after buying an additional 1,754 shares during the period. Bank of America Corp DE increased its position in Invesco S&P Global Water Index ETF by 8.1% during the 1st quarter. Bank of America Corp DE now owns 480,777 shares of the company’s stock valued at $30,741,000 after purchasing an additional 36,084 shares during the period. Weatherly Asset Management L. P. lifted its holdings in Invesco S&P Global Water Index ETF by 0.9% during the fourth quarter. Weatherly Asset Management L. P. now owns 403,007 shares of the company’s stock worth $25,394,000 after buying an additional 3,495 shares during the period. Finally, Cetera Investment Advisers raised its holdings in Invesco S&P Global Water Index ETF by 3.2% in the first quarter. Cetera Investment Advisers now owns 174,565 shares of the company’s stock worth $11,162,000 after purchasing an additional 5,384 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. The Index is designed to have a balanced representation from different segments of the water industry consisting of two clusters: 25 water utilities and infrastructure companies and 25 water equipment and materials companies based upon Standard & Poor’s Capital IQ industry classification.