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

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) shares saw unusually-high trading volume on Friday . Approximately 22,334 shares were traded during mid-day trading, a decline of 32% from the previous session’s volume of 32,808 shares.The stock last traded at $52.56 and had previously closed at $53.17.

Invesco S&P Global Water Index ETF Price Performance

The company has a market cap of $911.76 million, a PE ratio of 28.12 and a beta of 0.90. The company’s 50 day simple moving average is $57.24 and its two-hundred day simple moving average is $58.19.

Institutional Trading of Invesco S&P Global Water Index ETF

Several institutional investors have recently added to or reduced their stakes in the stock. TD Private Client Wealth LLC boosted its position in shares of Invesco S&P Global Water Index ETF by 509.3% during the third quarter. TD Private Client Wealth LLC now owns 658 shares of the company’s stock worth $40,000 after buying an additional 550 shares during the period. Nwam LLC acquired a new position in Invesco S&P Global Water Index ETF during the 3rd quarter worth about $242,000. Schrum Private Wealth Management LLC boosted its holdings in Invesco S&P Global Water Index ETF by 38.6% during the 3rd quarter. Schrum Private Wealth Management LLC now owns 5,150 shares of the company’s stock valued at $315,000 after acquiring an additional 1,435 shares during the period. Creative Planning grew its position in Invesco S&P Global Water Index ETF by 3.4% in the 2nd quarter. Creative Planning now owns 6,504 shares of the company’s stock valued at $360,000 after acquiring an additional 211 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in Invesco S&P Global Water Index ETF by 46.6% during the second quarter. Bank of Montreal Can now owns 6,728 shares of the company’s stock worth $383,000 after purchasing an additional 2,140 shares during the period.

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.