Global X Clean Water ETF (NASDAQ:AQWA) Stock Price Down 2.3% – Should You Sell?

Global X Clean Water ETF (NASDAQ:AQWA) shares fell 2.3% on Friday . The stock traded as low as $18.48 and last traded at $18.48. 9,600 shares changed hands during trading, a decline of 75% from the average session volume of 39,143 shares. The stock had previously closed at $18.92.

Global X Clean Water ETF Price Performance

The company has a market cap of $24.39 million, a price-to-earnings ratio of 21.56 and a beta of 0.91. The business’s 50-day simple moving average is $19.26 and its 200-day simple moving average is $19.49.

Hedge Funds Weigh In On Global X Clean Water ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC raised its position in Global X Clean Water ETF by 415.8% during the fourth quarter. Jane Street Group LLC now owns 78,077 shares of the company’s stock worth $1,465,000 after acquiring an additional 62,941 shares during the last quarter. Virtu Financial LLC acquired a new position in Global X Clean Water ETF during the fourth quarter worth about $357,000. Osaic Holdings Inc. raised its position in Global X Clean Water ETF by 47.7% during the fourth quarter. Osaic Holdings Inc. now owns 16,989 shares of the company’s stock worth $319,000 after acquiring an additional 5,485 shares during the last quarter. Susquehanna International Group LLP acquired a new position in Global X Clean Water ETF during the third quarter worth about $302,000. Finally, Kestra Advisory Services LLC acquired a new position in Global X Clean Water ETF during the fourth quarter worth about $27,000.

Global X Clean Water ETF Company Profile

The Global X Clean Water ETF (AQWA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global companies that are efficient in treating, purifying, and managing water. AQWA was launched on Apr 8, 2021 and is managed by Global X.