Phoenix Wealth Advisors Buys 14,421 Shares of Invesco S&P Global Water Index ETF $CGW

Phoenix Wealth Advisors purchased a new stake in Invesco S&P Global Water Index ETF (NYSEARCA:CGW) in the third quarter, HoldingsChannel reports. The fund purchased 14,421 shares of the company’s stock, valued at approximately $899,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE increased its holdings in shares of Invesco S&P Global Water Index ETF by 8.1% during the 1st quarter. Bank of America Corp DE now owns 480,777 shares of the company’s stock worth $30,741,000 after purchasing an additional 36,084 shares during the period. Cetera Investment Advisers lifted its stake in shares of Invesco S&P Global Water Index ETF by 3.2% in 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 period. Commonwealth Equity Services LLC bought a new position in Invesco S&P Global Water Index ETF during the third quarter valued at about $5,904,000. Baron Financial Group LLC bought a new position in Invesco S&P Global Water Index ETF during the third quarter valued at about $5,149,000. Finally, Royal Bank of Canada raised its holdings in Invesco S&P Global Water Index ETF by 0.5% in the 1st quarter. Royal Bank of Canada now owns 60,023 shares of the company’s stock valued at $3,838,000 after acquiring an additional 328 shares in the last quarter.

Invesco S&P Global Water Index ETF Stock Down 0.5%

Invesco S&P Global Water Index ETF stock traded down $0.30 during trading hours on Friday, hitting $64.80. The stock had a trading volume of 23,279 shares, compared to its average volume of 31,826. The company has a 50-day moving average of $63.87 and a two-hundred day moving average of $64.71. Invesco S&P Global Water Index ETF has a fifty-two week low of $61.34 and a fifty-two week high of $68.92. The company has a market cap of $1.05 billion, a PE ratio of 21.45 and a beta of 0.90.

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. 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.