Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Reaches New 12-Month High at $56.02

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $56.02 and last traded at $56.02, with a volume of 15059 shares changing hands. The stock had previously closed at $55.16.

Invesco S&P Global Water Index ETF Trading Up 1.7 %

The firm’s fifty day simple moving average is $54.45 and its 200 day simple moving average is $51.81. The company has a market cap of $994.09 million, a price-to-earnings ratio of 26.38 and a beta of 0.88.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CGW. Hanson & Doremus Investment Management acquired a new position in shares of Invesco S&P Global Water Index ETF in the 3rd quarter valued at about $25,000. Fortis Group Advisors LLC increased its holdings in Invesco S&P Global Water Index ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 244 shares in the last quarter. Mather Group LLC. purchased a new position in Invesco S&P Global Water Index ETF in the first quarter valued at about $26,000. CVA Family Office LLC acquired a new position in shares of Invesco S&P Global Water Index ETF during the fourth quarter worth about $42,000. Finally, AdvisorNet Financial Inc purchased a new stake in shares of Invesco S&P Global Water Index ETF in the fourth quarter worth about $53,000.

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.