Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Hits New 52-Week High at $58.17

Shares of Invesco S&P Global Water Index ETF (NYSEARCA:CGW) reached a new 52-week high on Wednesday . The company traded as high as $58.17 and last traded at $58.17, with a volume of 7010 shares trading hands. The stock had previously closed at $57.90.

Invesco S&P Global Water Index ETF Price Performance

The stock has a market cap of $1.02 billion, a P/E ratio of 28.12 and a beta of 0.90. The stock’s 50 day simple moving average is $54.77 and its two-hundred day simple moving average is $52.16.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CGW. Janney Montgomery Scott LLC lifted its position in Invesco S&P Global Water Index ETF by 3.2% during the third quarter. Janney Montgomery Scott LLC now owns 7,634 shares of the company’s stock worth $355,000 after purchasing an additional 235 shares during the period. Fortis Group Advisors LLC lifted its holdings in shares of 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 acquiring an additional 244 shares during the period. US Bancorp DE boosted its position in shares of Invesco S&P Global Water Index ETF by 0.8% during the 1st quarter. US Bancorp DE now owns 35,058 shares of the company’s stock worth $1,947,000 after acquiring an additional 265 shares in the last quarter. Key Client Fiduciary Advisors LLC increased its stake in Invesco S&P Global Water Index ETF by 4.9% in the third quarter. Key Client Fiduciary Advisors LLC now owns 8,604 shares of the company’s stock valued at $400,000 after acquiring an additional 400 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in Invesco S&P Global Water Index ETF by 11.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,325 shares of the company’s stock valued at $229,000 after purchasing an additional 451 shares in the last quarter.

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.