Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Short Interest Up 279.0% in May

by · The Cerbat Gem

Invesco S&P Global Water Index ETF (NYSEARCA:CGW – Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 46,326 shares, an increase of 279.0% from the April 30th total of 12,222 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 31,367 shares, the short-interest ratio is currently 1.5 days.

Invesco S&P Global Water Index ETF Trading Down 0.2%

Shares of NYSEARCA CGW traded down $0.10 during midday trading on Friday, reaching $62.47. The company had a trading volume of 28,650 shares, compared to its average volume of 39,588. The business’s 50-day simple moving average is $64.15 and its 200 day simple moving average is $64.72. Invesco S&P Global Water Index ETF has a 1 year low of $60.45 and a 1 year high of $68.92. The stock has a market cap of $997.02 million, a P/E ratio of 21.45 and a beta of 0.95.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC increased its holdings in Invesco S&P Global Water Index ETF by 511.8% in the first quarter. Jane Street Group LLC now owns 34,205 shares of the company’s stock valued at $1,905,000 after buying an additional 28,614 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Invesco S&P Global Water Index ETF by 3.6% in the second quarter. JPMorgan Chase & Co. now owns 7,561 shares of the company’s stock valued at $473,000 after buying an additional 264 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Invesco S&P Global Water Index ETF by 32.3% in the second quarter. Raymond James Financial Inc. now owns 125,003 shares of the company’s stock valued at $7,813,000 after buying an additional 30,513 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Invesco S&P Global Water Index ETF by 14.4% in the second quarter. Ameriprise Financial Inc. now owns 151,347 shares of the company’s stock valued at $9,491,000 after buying an additional 19,089 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings 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 valued at $26,449,000 after buying an additional 106,023 shares in the last quarter.

Invesco S&P Global Water Index ETF Company Profile

(Get Free Report)

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.

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