Sequoia Financial Advisors LLC Purchases Shares of 7,106 Invesco S&P Global Water Index ETF $CGW

Sequoia Financial Advisors LLC purchased a new stake in Invesco S&P Global Water Index ETF (NYSEARCA:CGW) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,106 shares of the company’s stock, valued at approximately $444,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGW. Golden State Wealth Management LLC increased its position in Invesco S&P Global Water Index ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 564 shares of the company’s stock valued at $31,000 after acquiring an additional 282 shares during the period. TD Private Client Wealth LLC acquired a new position in Invesco S&P Global Water Index ETF in the 2nd quarter valued at approximately $71,000. Avalon Trust Co acquired a new position in Invesco S&P Global Water Index ETF in the 1st quarter valued at approximately $92,000. NorthRock Partners LLC acquired a new position in Invesco S&P Global Water Index ETF in the 1st quarter valued at approximately $120,000. Finally, MAI Capital Management increased its position in Invesco S&P Global Water Index ETF by 29.0% in the 1st quarter. MAI Capital Management now owns 2,712 shares of the company’s stock valued at $151,000 after acquiring an additional 610 shares during the period.

Invesco S&P Global Water Index ETF Stock Performance

Shares of NYSEARCA CGW opened at $65.58 on Tuesday. Invesco S&P Global Water Index ETF has a 52-week low of $50.77 and a 52-week high of $65.62. The firm has a 50 day moving average price of $64.03 and a two-hundred day moving average price of $61.48. The stock has a market cap of $1.02 billion, a P/E ratio of 21.45 and a beta of 0.94.

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.