Empowered Funds LLC Takes $2.68 Million Position in Invesco S&P Global Water Index ETF $CGW

Empowered Funds LLC purchased a new position in Invesco S&P Global Water Index ETF (NYSEARCA:CGW) in the 1st quarter, HoldingsChannel reports. The fund purchased 41,868 shares of the company’s stock, valued at approximately $2,677,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. The Manufacturers Life Insurance Company purchased a new stake in Invesco S&P Global Water Index ETF during the 1st quarter valued at $1,602,000. Hilltop Holdings Inc. purchased a new position in shares of Invesco S&P Global Water Index ETF during the 1st quarter valued at $1,100,000. FCA Corp TX boosted its stake in Invesco S&P Global Water Index ETF by 2.5% in the 1st quarter. FCA Corp TX now owns 53,005 shares of the company’s stock worth $3,389,000 after purchasing an additional 1,289 shares during the period. Lido Advisors LLC increased its holdings in Invesco S&P Global Water Index ETF by 19.3% in the 1st quarter. Lido Advisors LLC now owns 3,800 shares of the company’s stock valued at $243,000 after acquiring an additional 614 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in Invesco S&P Global Water Index ETF by 3.2% during the first quarter. Cetera Investment Advisers now owns 174,565 shares of the company’s stock valued at $11,162,000 after buying an additional 5,384 shares during the last quarter.

Invesco S&P Global Water Index ETF Price Performance

Shares of CGW stock opened at $66.31 on Wednesday. Invesco S&P Global Water Index ETF has a 1 year low of $61.34 and a 1 year high of $68.92. The company has a market cap of $1.07 billion, a PE ratio of 21.45 and a beta of 0.91. The stock’s 50 day simple moving average is $64.25 and its two-hundred day simple moving average is $64.92.

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. The Index is designed to have a balanced representation from different segments of the water industry consisting of two clusters: 25 water utilities and infrastructure companies and 25 water equipment and materials companies based upon Standard & Poor’s Capital IQ industry classification.