Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Sees Unusually-High Trading Volume – Time to Buy?

Invesco S&P Global Water Index ETF (NYSEARCA:CGWGet Free Report) saw strong trading volume on Friday . 190,270 shares traded hands during mid-day trading, an increase of 328% from the previous session’s volume of 44,416 shares.The stock last traded at $68.5490 and had previously closed at $68.86.

Invesco S&P Global Water Index ETF Stock Down 0.7%

The firm has a fifty day moving average price of $65.70 and a two-hundred day moving average price of $64.61. The stock has a market capitalization of $1.08 billion, a P/E ratio of 21.45 and a beta of 1.00.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CGW. Flagship Harbor Advisors LLC bought a new stake in shares of Invesco S&P Global Water Index ETF in the fourth quarter worth $32,000. REAP Financial Group LLC purchased a new position in Invesco S&P Global Water Index ETF in the fourth quarter worth about $32,000. NewEdge Advisors LLC grew its stake in shares of Invesco S&P Global Water Index ETF by 567.6% during the 4th quarter. NewEdge Advisors LLC now owns 681 shares of the company’s stock valued at $43,000 after purchasing an additional 579 shares during the period. Mather Group LLC. purchased a new stake in shares of Invesco S&P Global Water Index ETF during the 3rd quarter valued at about $57,000. Finally, Perritt Capital Management Inc purchased a new stake in shares of Invesco S&P Global Water Index ETF during the 3rd quarter valued at about $68,000.

Invesco S&P Global Water Index ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Invesco S&P Global Water Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P Global Water Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.