Concord Wealth Partners Trims Holdings in Invesco S&P Global Water Index ETF (NYSEARCA:CGW)

Concord Wealth Partners reduced its stake in Invesco S&P Global Water Index ETF (NYSEARCA:CGW) by 42.3% during the third quarter, HoldingsChannel reports. The fund owned 9,003 shares of the company’s stock after selling 6,599 shares during the period. Concord Wealth Partners’ holdings in Invesco S&P Global Water Index ETF were worth $551,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Mather Group LLC. raised its holdings in Invesco S&P Global Water Index ETF by 82.3% in the second quarter. Mather Group LLC. now owns 886 shares of the company’s stock worth $49,000 after purchasing an additional 400 shares in the last quarter. Larson Financial Group LLC acquired a new position in shares of Invesco S&P Global Water Index ETF in the second quarter worth $85,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P Global Water Index ETF in the 2nd quarter valued at approximately $99,000. Glassman Wealth Services raised its holdings in Invesco S&P Global Water Index ETF by 70.7% during the first quarter. Glassman Wealth Services now owns 2,934 shares of the company’s stock worth $163,000 after purchasing an additional 1,215 shares in the last quarter. Finally, Nwam LLC acquired a new stake in Invesco S&P Global Water Index ETF during the 1st quarter worth $228,000.

Invesco S&P Global Water Index ETF Price Performance

Invesco S&P Global Water Index ETF stock traded up $0.64 during mid-day trading on Monday, reaching $58.97. The company had a trading volume of 8,960 shares, compared to its average volume of 36,785. The company has a market capitalization of $1.03 billion, a P/E ratio of 28.12 and a beta of 0.90. Invesco S&P Global Water Index ETF has a 1 year low of $44.63 and a 1 year high of $61.55. The stock’s 50-day simple moving average is $59.67 and its 200-day simple moving average is $57.92.

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.