Meridian Investment Counsel Inc. Sells 1,000 Shares of Invesco S&P Global Water Index ETF (NYSEARCA:CGW)

Meridian Investment Counsel Inc. lessened its holdings in Invesco S&P Global Water Index ETF (NYSEARCA:CGW) by 14.5% during the third quarter, HoldingsChannel.com reports. The fund owned 5,900 shares of the company’s stock after selling 1,000 shares during the period. Meridian Investment Counsel Inc.’s holdings in Invesco S&P Global Water Index ETF were worth $361,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Conservest Capital Advisors Inc. increased its holdings in shares of Invesco S&P Global Water Index ETF by 6.3% during the third quarter. Conservest Capital Advisors Inc. now owns 571,788 shares of the company’s stock worth $34,993,000 after buying an additional 33,677 shares in the last quarter. 1832 Asset Management L.P. raised its position in Invesco S&P Global Water Index ETF by 34,506.8% in the first quarter. 1832 Asset Management L.P. now owns 363,371 shares of the company’s stock valued at $20,178,000 after purchasing an additional 362,321 shares during the last quarter. Cetera Investment Advisers boosted 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 valued at $13,126,000 after purchasing an additional 229,397 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Invesco S&P Global Water Index ETF by 2.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 114,106 shares of the company’s stock worth $6,309,000 after purchasing an additional 2,709 shares during the last quarter. Finally, Addison Advisors LLC increased its stake in shares of Invesco S&P Global Water Index ETF by 6.7% in the third quarter. Addison Advisors LLC now owns 94,499 shares of the company’s stock valued at $5,783,000 after buying an additional 5,973 shares during the period.

Invesco S&P Global Water Index ETF Price Performance

NYSEARCA:CGW opened at $58.32 on Friday. Invesco S&P Global Water Index ETF has a one year low of $49.49 and a one year high of $61.55. The company has a market cap of $1.02 billion, a PE ratio of 28.12 and a beta of 0.90. The firm’s 50 day simple moving average is $59.48 and its 200 day simple moving average is $58.32.

Invesco S&P Global Water Index ETF 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.