Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Sees Unusually-High Trading Volume – Here’s What Happened

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) saw unusually-high trading volume on Friday . Approximately 190,270 shares were traded during trading, an increase of 328% from the previous session’s volume of 44,416 shares.The stock last traded at $68.5490 and had previously closed at $68.86.

Invesco S&P Global Water Index ETF Stock Down 0.5%

The company has a market cap of $1.08 billion, a PE ratio of 21.45 and a beta of 1.00. The firm has a 50 day simple moving average of $65.80 and a 200-day simple moving average of $64.64.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC boosted its position in shares of Invesco S&P Global Water Index ETF by 511.8% during the 1st quarter. Jane Street Group LLC now owns 34,205 shares of the company’s stock worth $1,905,000 after acquiring an additional 28,614 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Invesco S&P Global Water Index ETF by 16.6% in the second quarter. Envestnet Asset Management Inc. now owns 39,999 shares of the company’s stock valued at $2,500,000 after buying an additional 5,691 shares during the last quarter. Meridian Wealth Management LLC boosted its stake in Invesco S&P Global Water Index ETF by 25.2% during the 2nd quarter. Meridian Wealth Management LLC now owns 20,692 shares of the company’s stock worth $1,293,000 after purchasing an additional 4,164 shares during the period. Cetera Investment Advisers grew its holdings in shares of Invesco S&P Global Water Index ETF by 1.0% during the second quarter. Cetera Investment Advisers now owns 161,095 shares of the company’s stock worth $10,068,000 after buying an additional 1,563 shares during the last quarter. Finally, Beta Wealth Group Inc. purchased a new position in Invesco S&P Global Water Index ETF in the 2nd quarter valued at $440,000.

About Invesco S&P Global Water Index ETF

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.