Global X Clean Water ETF (NASDAQ:AQWA) Trading 0.7% Higher – Still a Buy?

Global X Clean Water ETF (NASDAQ:AQWA)’s stock price rose 0.7% during mid-day trading on Friday . The company traded as high as $19.93 and last traded at $19.91. 5,387 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 27,433 shares. The stock had previously closed at $19.77.

Global X Clean Water ETF Stock Up 0.7%

The company’s 50-day simple moving average is $19.12 and its 200 day simple moving average is $19.41. The stock has a market capitalization of $23.10 million, a price-to-earnings ratio of 21.56 and a beta of 0.87.

Global X Clean Water ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were issued a dividend of $0.1265 per share. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Investors Weigh In On Global X Clean Water ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cetera Investment Advisers bought a new stake in Global X Clean Water ETF during the first quarter worth approximately $232,000. Virtu Financial LLC bought a new position in shares of Global X Clean Water ETF in the fourth quarter valued at approximately $357,000. Osaic Holdings Inc. lifted its stake in shares of Global X Clean Water ETF by 47.7% in the fourth quarter. Osaic Holdings Inc. now owns 16,989 shares of the company’s stock worth $319,000 after buying an additional 5,485 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Global X Clean Water ETF in the fourth quarter worth $27,000. Finally, Jane Street Group LLC boosted its holdings in shares of Global X Clean Water ETF by 415.8% during the 4th quarter. Jane Street Group LLC now owns 78,077 shares of the company’s stock worth $1,465,000 after buying an additional 62,941 shares during the period.

About Global X Clean Water ETF

The Global X Clean Water ETF (AQWA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global companies that are efficient in treating, purifying, and managing water. AQWA was launched on Apr 8, 2021 and is managed by Global X.