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

Shares of Invesco S&P Global Water Index ETF (NYSEARCA:CGW) saw unusually-strong trading volume on Thursday . Approximately 166,692 shares changed hands during mid-day trading, an increase of 267% from the previous session’s volume of 45,457 shares.The stock last traded at $58.29 and had previously closed at $58.35.

Invesco S&P Global Water Index ETF Price Performance

The business’s fifty day moving average price is $54.88 and its 200-day moving average price is $52.20. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 28.12 and a beta of 0.90.

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 CGW. Janney Montgomery Scott LLC boosted its holdings in Invesco S&P Global Water Index ETF by 3.2% during the third quarter. Janney Montgomery Scott LLC now owns 7,634 shares of the company’s stock worth $355,000 after purchasing an additional 235 shares during the last quarter. Fortis Group Advisors LLC boosted its stake in shares of Invesco S&P Global Water Index ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 488 shares of the company’s stock worth $26,000 after buying an additional 244 shares during the last quarter. US Bancorp DE grew its holdings in shares of Invesco S&P Global Water Index ETF by 0.8% in the first quarter. US Bancorp DE now owns 35,058 shares of the company’s stock valued at $1,947,000 after acquiring an additional 265 shares in the last quarter. Key Client Fiduciary Advisors LLC increased its position in shares of Invesco S&P Global Water Index ETF by 4.9% during the third quarter. Key Client Fiduciary Advisors LLC now owns 8,604 shares of the company’s stock valued at $400,000 after acquiring an additional 400 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Invesco S&P Global Water Index ETF by 11.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,325 shares of the company’s stock worth $229,000 after acquiring an additional 451 shares during the period.

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.