Parallel Advisors LLC Boosts Holdings in Invesco S&P Global Water Index ETF (NYSEARCA:CGW)

Parallel Advisors LLC grew its position in shares of Invesco S&P Global Water Index ETF (NYSEARCA:CGW) by 8.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,823 shares of the company’s stock after purchasing an additional 455 shares during the period. Parallel Advisors LLC’s holdings in Invesco S&P Global Water Index ETF were worth $316,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in CGW. Clayton Financial Group LLC increased its stake in Invesco S&P Global Water Index ETF by 6.4% during the fourth quarter. Clayton Financial Group LLC now owns 4,398 shares of the company’s stock valued at $238,000 after purchasing an additional 264 shares during the last quarter. Kestra Private Wealth Services LLC increased its stake in Invesco S&P Global Water Index ETF by 3.1% during the fourth quarter. Kestra Private Wealth Services LLC now owns 8,893 shares of the company’s stock valued at $482,000 after purchasing an additional 268 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Invesco S&P Global Water Index ETF by 2.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,926 shares of the company’s stock valued at $755,000 after purchasing an additional 318 shares during the last quarter. Mather Group LLC. increased its stake in Invesco S&P Global Water Index ETF by 82.3% during the fourth quarter. Mather Group LLC. now owns 886 shares of the company’s stock valued at $48,000 after purchasing an additional 400 shares during the last quarter. Finally, Bleakley Financial Group LLC increased its stake in Invesco S&P Global Water Index ETF by 0.7% during the fourth quarter. Bleakley Financial Group LLC now owns 66,076 shares of the company’s stock valued at $3,581,000 after purchasing an additional 473 shares during the last quarter.

Invesco S&P Global Water Index ETF Price Performance

CGW stock opened at $55.45 on Friday. Invesco S&P Global Water Index ETF has a 1-year low of $51.78 and a 1-year high of $61.55. The firm has a fifty day moving average price of $55.33 and a two-hundred day moving average price of $57.27. The firm has a market cap of $889.42 million, a price-to-earnings ratio of 17.85 and a beta of 1.01.

Invesco S&P Global Water Index ETF Company 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.