Global X Clean Water ETF (NASDAQ:AQWA) Stock Price Down 1.4% – What’s Next?

Global X Clean Water ETF (NASDAQ:AQWA)’s share price traded down 1.4% during mid-day trading on Tuesday . The company traded as low as $18.78 and last traded at $18.78. 6,668 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 17,261 shares. The stock had previously closed at $19.05.

Global X Clean Water ETF Stock Down 1.4%

The stock’s fifty day simple moving average is $19.40 and its 200-day simple moving average is $19.25. The company has a market capitalization of $23.48 million, a PE ratio of 21.56 and a beta of 0.95.

Hedge Funds Weigh In On Global X Clean Water ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. boosted its position in Global X Clean Water ETF by 26.8% during the second quarter. Osaic Holdings Inc. now owns 10,304 shares of the company’s stock worth $195,000 after purchasing an additional 2,178 shares in the last quarter. Susquehanna International Group LLP acquired a new position in shares of Global X Clean Water ETF during the 3rd quarter worth $302,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Global X Clean Water ETF in the 3rd quarter worth about $32,000. Mutual Advisors LLC purchased a new stake in shares of Global X Clean Water ETF in the 3rd quarter worth about $334,000. Finally, 5T Wealth LLC acquired a new stake in Global X Clean Water ETF in the 3rd quarter valued at about $197,000.

Global X Clean Water ETF Company Profile

The Global X Clean Water ETF (AQWA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global companies that are efficient in treating, purifying, and managing water. AQWA was launched on Apr 8, 2021 and is managed by Global X.