Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $64.03 and traded as high as $64.76. Invesco S&P Global Water Index ETF shares last traded at $64.00, with a volume of 21,587 shares traded.

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

The firm’s fifty day moving average price is $64.03 and its 200-day moving average price is $62.48. The company has a market cap of $995.36 million, a P/E ratio of 21.45 and a beta of 1.00.

Hedge Funds Weigh In On Invesco S&P Global Water Index ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Wealthcare Advisory Partners LLC boosted its position in shares of Invesco S&P Global Water Index ETF by 2.9% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 33,087 shares of the company’s stock valued at $2,126,000 after acquiring an additional 928 shares in the last quarter. Addison Advisors LLC lifted its stake in Invesco S&P Global Water Index ETF by 0.5% during the third quarter. Addison Advisors LLC now owns 100,792 shares of the company’s stock worth $6,475,000 after purchasing an additional 460 shares during the period. HighTower Advisors LLC boosted its holdings in Invesco S&P Global Water Index ETF by 42.1% during the third quarter. HighTower Advisors LLC now owns 81,815 shares of the company’s stock valued at $5,256,000 after purchasing an additional 24,231 shares in the last quarter. Stratos Wealth Advisors LLC acquired a new stake in Invesco S&P Global Water Index ETF during the third quarter valued at approximately $219,000. Finally, Jones Financial Companies Lllp grew its stake in shares of Invesco S&P Global Water Index ETF by 8.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 30,484 shares of the company’s stock valued at $1,928,000 after purchasing an additional 2,478 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.