Short Interest in Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Declines By 71.7%

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 5,049 shares, a decline of 71.7% from the July 15th total of 17,839 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 24,805 shares, the short-interest ratio is currently 0.2 days.

Invesco S&P Global Water Index ETF Stock Performance

Shares of CGW stock opened at $65.79 on Thursday. Invesco S&P Global Water Index ETF has a 1 year low of $61.34 and a 1 year high of $68.92. The firm has a market capitalization of $1.07 billion, a PE ratio of 21.45 and a beta of 0.91. The stock has a fifty day moving average of $64.72 and a two-hundred day moving average of $64.96.

Institutional Investors Weigh In On Invesco S&P Global Water Index ETF

Several institutional investors have recently bought and sold shares of CGW. Bank of America Corp DE lifted its position in Invesco S&P Global Water Index ETF by 33.4% in the second quarter. Bank of America Corp DE now owns 423,184 shares of the company’s stock worth $26,449,000 after purchasing an additional 106,023 shares during the period. Citadel Advisors LLC increased its position in shares of Invesco S&P Global Water Index ETF by 761.8% during the 3rd quarter. Citadel Advisors LLC now owns 73,001 shares of the company’s stock valued at $4,690,000 after purchasing an additional 64,530 shares during the period. Empowered Funds LLC acquired a new position in shares of Invesco S&P Global Water Index ETF during the 1st quarter valued at $2,677,000. Morgan Stanley raised its stake in shares of Invesco S&P Global Water Index ETF by 4.5% in the 4th quarter. Morgan Stanley now owns 909,559 shares of the company’s stock worth $57,312,000 after buying an additional 38,819 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of Invesco S&P Global Water Index ETF by 32.3% in the 2nd quarter. Raymond James Financial Inc. now owns 125,003 shares of the company’s stock worth $7,813,000 after buying an additional 30,513 shares in the last quarter.

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. The Index is designed to have a balanced representation from different segments of the water industry consisting of two clusters: 25 water utilities and infrastructure companies and 25 water equipment and materials companies based upon Standard & Poor’s Capital IQ industry classification.