Addison Advisors LLC Acquires 3,962 Shares of Invesco S&P Global Water Index ETF (NYSEARCA:CGW)

Addison Advisors LLC boosted its holdings in shares of Invesco S&P Global Water Index ETF (NYSEARCA:CGW) by 4.7% during the second quarter, HoldingsChannel reports. The fund owned 88,526 shares of the company’s stock after purchasing an additional 3,962 shares during the quarter. Invesco S&P Global Water Index ETF comprises 1.6% of Addison Advisors LLC’s holdings, making the stock its 15th largest position. Addison Advisors LLC’s holdings in Invesco S&P Global Water Index ETF were worth $4,895,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGW. Mather Group LLC. acquired a new position in shares of Invesco S&P Global Water Index ETF during the first quarter worth $26,000. Fortis Group Advisors LLC lifted its holdings in Invesco S&P Global Water Index ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 488 shares of the company’s stock worth $26,000 after buying an additional 244 shares during the period. Creekmur Asset Management LLC acquired a new position in Invesco S&P Global Water Index ETF during the 4th quarter worth about $53,000. Larson Financial Group LLC bought a new stake in shares of Invesco S&P Global Water Index ETF in the 2nd quarter valued at about $85,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P Global Water Index ETF in the second quarter valued at about $99,000.

Invesco S&P Global Water Index ETF Stock Performance

Shares of CGW traded down $0.12 during mid-day trading on Friday, reaching $58.09. 13,158 shares of the company were exchanged, compared to its average volume of 38,576. The business has a 50 day simple moving average of $58.04 and a two-hundred day simple moving average of $56.49. Invesco S&P Global Water Index ETF has a 52 week low of $44.37 and a 52 week high of $60.13. The stock has a market capitalization of $1.02 billion, a PE ratio of 28.12 and a beta of 0.90.

Invesco S&P Global Water Index ETF 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.