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

Shares of Invesco S&P Global Water Index ETF (NYSEARCA:CGW) saw strong trading volume on Wednesday . 78,950 shares changed hands during mid-day trading, an increase of 91% from the previous session’s volume of 41,303 shares.The stock last traded at $58.81 and had previously closed at $58.88.

Invesco S&P Global Water Index ETF Stock Up 1.6 %

The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 28.12 and a beta of 0.90. The business has a 50-day moving average price of $57.07 and a 200-day moving average price of $55.04.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CGW. 1832 Asset Management L.P. lifted its holdings in shares of Invesco S&P Global Water Index ETF by 34,506.8% during the first quarter. 1832 Asset Management L.P. now owns 363,371 shares of the company’s stock worth $20,178,000 after buying an additional 362,321 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Invesco S&P Global Water Index ETF by 3,290.3% during the first quarter. Cetera Investment Advisers now owns 236,369 shares of the company’s stock worth $13,126,000 after purchasing an additional 229,397 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P Global Water Index ETF in the 4th quarter valued at approximately $5,035,000. Simplicity Wealth LLC bought a new position in shares of Invesco S&P Global Water Index ETF during the first quarter worth $3,782,000. Finally, Stratos Wealth Partners LTD. bought a new position in shares of Invesco S&P Global Water Index ETF during the 4th quarter valued at about $3,459,000.

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.