Concord Wealth Partners Sells 8,950 Shares of Invesco S&P Global Water Index ETF (NYSEARCA:CGW)

Concord Wealth Partners lessened its position in Invesco S&P Global Water Index ETF (NYSEARCA:CGW) by 24.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,907 shares of the company’s stock after selling 8,950 shares during the period. Concord Wealth Partners owned about 0.15% of Invesco S&P Global Water Index ETF worth $1,479,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P Global Water Index ETF in the 4th quarter valued at approximately $5,035,000. Stratos Wealth Partners LTD. bought a new stake in shares of Invesco S&P Global Water Index ETF during the 4th quarter valued at approximately $3,459,000. HighTower Advisors LLC bought a new stake in shares of Invesco S&P Global Water Index ETF during the 3rd quarter valued at approximately $2,570,000. Raymond James & Associates grew its holdings in shares of Invesco S&P Global Water Index ETF by 89.6% during the 4th quarter. Raymond James & Associates now owns 80,716 shares of the company’s stock valued at $4,279,000 after purchasing an additional 38,141 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of Invesco S&P Global Water Index ETF by 4.2% during the 3rd quarter. UBS Group AG now owns 463,806 shares of the company’s stock valued at $21,576,000 after purchasing an additional 18,780 shares during the last quarter.

Invesco S&P Global Water Index ETF Stock Performance

Shares of Invesco S&P Global Water Index ETF stock traded up $0.77 during midday trading on Wednesday, hitting $55.57. 35,073 shares of the company traded hands, compared to its average volume of 46,281. The stock has a market cap of $984.70 million, a price-to-earnings ratio of 26.38 and a beta of 0.88. The firm’s fifty day moving average price is $54.41 and its 200-day moving average price is $51.79. Invesco S&P Global Water Index ETF has a 12 month low of $44.37 and a 12 month high of $55.97.

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.