Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Sets New 1-Year High – Here’s What Happened

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) shares hit a new 52-week high on Tuesday . The stock traded as high as $67.19 and last traded at $67.13, with a volume of 21770 shares trading hands. The stock had previously closed at $66.91.

Invesco S&P Global Water Index ETF Trading Up 0.3%

The company has a market cap of $1.06 billion, a price-to-earnings ratio of 21.45 and a beta of 1.00. The business’s 50 day moving average price is $64.57 and its 200-day moving average price is $64.11.

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

A number of institutional investors have recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of Invesco S&P Global Water Index ETF by 33.4% during the second quarter. Bank of America Corp DE now owns 423,184 shares of the company’s stock worth $26,449,000 after purchasing an additional 106,023 shares during the period. Citadel Advisors LLC lifted its holdings in shares of Invesco S&P Global Water Index ETF by 761.8% during the third quarter. Citadel Advisors LLC now owns 73,001 shares of the company’s stock worth $4,690,000 after buying an additional 64,530 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P Global Water Index ETF by 32.3% during the second quarter. Raymond James Financial Inc. now owns 125,003 shares of the company’s stock worth $7,813,000 after buying an additional 30,513 shares in the last quarter. Jane Street Group LLC boosted its position in shares of Invesco S&P Global Water Index ETF by 511.8% in the first quarter. Jane Street Group LLC now owns 34,205 shares of the company’s stock valued at $1,905,000 after acquiring an additional 28,614 shares during the period. Finally, HighTower Advisors LLC grew its stake in shares of Invesco S&P Global Water Index ETF by 42.1% in the third quarter. HighTower Advisors LLC now owns 81,815 shares of the company’s stock valued at $5,256,000 after acquiring an additional 24,231 shares in 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.