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

Shares of Invesco S&P Global Water Index ETF (NYSEARCA:CGW) saw strong trading volume on Monday . 73,829 shares were traded during mid-day trading, an increase of 79% from the previous session’s volume of 41,240 shares.The stock last traded at $66.05 and had previously closed at $65.79.

Invesco S&P Global Water Index ETF Stock Performance

The stock’s fifty day simple moving average is $65.45 and its two-hundred day simple moving average is $64.92. The stock has a market capitalization of $1.15 billion, a P/E ratio of 21.45 and a beta of 1.02.

Institutional Trading of Invesco S&P Global Water Index ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC lifted its holdings in Invesco S&P Global Water Index ETF by 511.8% during the 1st quarter. Jane Street Group LLC now owns 34,205 shares of the company’s stock worth $1,905,000 after buying an additional 28,614 shares during the period. JPMorgan Chase & Co. raised its position in shares of Invesco S&P Global Water Index ETF by 3.6% during the second quarter. JPMorgan Chase & Co. now owns 7,561 shares of the company’s stock worth $473,000 after acquiring an additional 264 shares during the last quarter. Raymond James Financial Inc. raised its position 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 acquiring an additional 30,513 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Invesco S&P Global Water Index ETF by 14.4% in the second quarter. Ameriprise Financial Inc. now owns 151,347 shares of the company’s stock worth $9,491,000 after acquiring an additional 19,089 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of Invesco S&P Global Water Index ETF by 33.4% in the second quarter. Bank of America Corp DE now owns 423,184 shares of the company’s stock worth $26,449,000 after acquiring an additional 106,023 shares during the period.

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.