Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Sees Unusually-High Trading Volume – What’s Next?

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) shares saw an uptick in trading volume on Tuesday . 125,936 shares were traded during mid-day trading, an increase of 230% from the previous session’s volume of 38,168 shares.The stock last traded at $66.4710 and had previously closed at $66.12.

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

The stock has a market cap of $1.04 billion, a PE ratio of 21.45 and a beta of 1.00. The firm has a fifty day moving average of $64.23 and a 200 day moving average of $63.88.

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

Several institutional investors have recently added to or reduced their stakes in the business. LFA Lugano Financial Advisors SA purchased a new position in Invesco S&P Global Water Index ETF in the fourth quarter valued at approximately $130,000. Segment Wealth Management LLC acquired a new position in shares of Invesco S&P Global Water Index ETF in the 4th quarter valued at $250,000. Farther Finance Advisors LLC raised its stake in Invesco S&P Global Water Index ETF by 373.0% during the 4th quarter. Farther Finance Advisors LLC now owns 8,547 shares of the company’s stock worth $539,000 after acquiring an additional 6,740 shares in the last quarter. TPG Advisors LLC lifted its position in Invesco S&P Global Water Index ETF by 2.8% in the fourth quarter. TPG Advisors LLC now owns 7,104 shares of the company’s stock valued at $448,000 after acquiring an additional 192 shares during the last quarter. Finally, Apella Capital LLC acquired a new position in Invesco S&P Global Water Index ETF in the fourth quarter valued at $1,051,000.

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.