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

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) saw strong trading volume on Friday . 20,871 shares were traded during trading, a decline of 38% from the previous session’s volume of 33,700 shares.The stock last traded at $63.6590 and had previously closed at $63.66.

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

The stock’s 50-day moving average is $64.00 and its 200 day moving average is $63.44. The stock has a market capitalization of $983.13 million, a PE ratio of 21.45 and a beta of 1.00.

Institutional Trading of Invesco S&P Global Water Index ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Great Diamond Partners LLC grew its holdings in Invesco S&P Global Water Index ETF by 4.2% during the 3rd quarter. Great Diamond Partners LLC now owns 3,917 shares of the company’s stock worth $252,000 after acquiring an additional 157 shares during the period. Balanced Rock Investment Advisors LLC boosted its position in shares of Invesco S&P Global Water Index ETF by 1.7% in the 2nd quarter. Balanced Rock Investment Advisors LLC now owns 10,719 shares of the company’s stock worth $670,000 after purchasing an additional 180 shares during the last quarter. CWM LLC grew its stake in shares of Invesco S&P Global Water Index ETF by 7.9% during the second quarter. CWM LLC now owns 2,668 shares of the company’s stock worth $167,000 after purchasing an additional 195 shares during the period. Kestra Private Wealth Services LLC raised its position in shares of Invesco S&P Global Water Index ETF by 2.8% during the third quarter. Kestra Private Wealth Services LLC now owns 9,206 shares of the company’s stock worth $591,000 after purchasing an additional 247 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of Invesco S&P Global Water Index ETF by 3.6% during the second quarter. JPMorgan Chase & Co. now owns 7,561 shares of the company’s stock worth $473,000 after acquiring an additional 264 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.