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) shares saw unusually-high trading volume on Tuesday . Approximately 38,949 shares were traded during trading, an increase of 18% from the previous session’s volume of 33,061 shares.The stock last traded at $56.01 and had previously closed at $55.68.

Invesco S&P Global Water Index ETF Trading Down 0.0 %

The stock has a market cap of $897.44 million, a PE ratio of 17.85 and a beta of 1.01. The company’s 50 day moving average is $55.45 and its 200-day moving average is $57.24.

Institutional Investors Weigh In On Invesco S&P Global Water Index ETF

A number of hedge funds have recently bought and sold shares of CGW. Comprehensive Money Management Services LLC bought a new stake in shares of Invesco S&P Global Water Index ETF in the 4th quarter worth about $954,000. Bernard Wealth Management Corp. acquired a new position in shares of Invesco S&P Global Water Index ETF in the 4th quarter worth approximately $79,000. Vermillion Wealth Management Inc. bought a new stake in shares of Invesco S&P Global Water Index ETF in the 4th quarter valued at approximately $55,000. GTS Securities LLC raised its position in shares of Invesco S&P Global Water Index ETF by 50.0% during the 4th quarter. GTS Securities LLC now owns 5,271 shares of the company’s stock valued at $286,000 after acquiring an additional 1,758 shares in the last quarter. Finally, Focus Partners Wealth increased its position in Invesco S&P Global Water Index ETF by 141.8% in the 4th quarter. Focus Partners Wealth now owns 26,282 shares of the company’s stock valued at $1,452,000 after acquiring an additional 15,414 shares during the period.

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.