Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Sees Large Volume Increase – Here’s What Happened

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) saw unusually-high trading volume on Tuesday . Approximately 45,737 shares were traded during trading, an increase of 55% from the previous session’s volume of 29,443 shares.The stock last traded at $64.2350 and had previously closed at $64.38.

Invesco S&P Global Water Index ETF Stock Performance

The company has a market capitalization of $1.02 billion, a PE ratio of 21.45 and a beta of 1.00. The stock’s fifty day simple moving average is $63.79 and its 200-day simple moving average is $63.67.

Institutional Trading of Invesco S&P Global Water Index ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Rosenberg Matthew Hamilton lifted its stake in shares of Invesco S&P Global Water Index ETF by 103.9% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 838 shares of the company’s stock worth $52,000 after purchasing an additional 427 shares during the period. Mather Group LLC. acquired a new position in Invesco S&P Global Water Index ETF in the third quarter valued at $57,000. Perritt Capital Management Inc acquired a new position in Invesco S&P Global Water Index ETF in the third quarter valued at $68,000. TD Private Client Wealth LLC purchased a new position in Invesco S&P Global Water Index ETF during the second quarter worth about $71,000. Finally, AE Wealth Management LLC boosted its stake in Invesco S&P Global Water Index ETF by 38.3% in the 3rd quarter. AE Wealth Management LLC now owns 1,411 shares of the company’s stock worth $91,000 after buying an additional 391 shares during the last quarter.

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. 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.