Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Sees Large Volume Increase – Time to Buy?

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) shares saw strong trading volume on Tuesday . 38,949 shares traded hands during trading, an increase of 18% from the previous session’s volume of 33,061 shares.The stock last traded at $56.01 and had previously closed at $55.68.

Invesco S&P Global Water Index ETF Trading Down 0.0 %

The company has a market cap of $897.44 million, a price-to-earnings ratio of 17.85 and a beta of 1.01. The company has a fifty day moving average price of $55.45 and a two-hundred day moving average price of $57.24.

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

A number of institutional investors have recently added to or reduced their stakes in the stock. Legacy Bridge LLC bought a new stake in shares of Invesco S&P Global Water Index ETF in the 4th quarter worth about $27,000. TD Private Client Wealth LLC grew its stake in 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 last quarter. Mather Group LLC. increased its holdings in shares of Invesco S&P Global Water Index ETF by 82.3% during the fourth quarter. Mather Group LLC. now owns 886 shares of the company’s stock worth $48,000 after buying an additional 400 shares in the last quarter. Vermillion Wealth Management Inc. bought a new position in shares of Invesco S&P Global Water Index ETF in the fourth quarter valued at approximately $55,000. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of Invesco S&P Global Water Index ETF by 122.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,066 shares of the company’s stock worth $58,000 after acquiring an additional 586 shares in the last quarter.

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.