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 significant 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. Based on an average trading volume of 24,805 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of Invesco S&P Global Water Index ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Trust Co. of Vermont bought a new stake in Invesco S&P Global Water Index ETF during the second quarter worth approximately $28,000. Wealthcare Advisory Partners LLC grew its position in Invesco S&P Global Water Index ETF by 7.7% in the second quarter. Wealthcare Advisory Partners LLC now owns 40,163 shares of the company’s stock worth $2,640,000 after buying an additional 2,859 shares during the last quarter. Bank of America Corp DE grew its position in Invesco S&P Global Water Index ETF by 8.1% in the first quarter. Bank of America Corp DE now owns 480,777 shares of the company’s stock worth $30,741,000 after buying an additional 36,084 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Invesco S&P Global Water Index ETF by 0.5% in the first quarter. Royal Bank of Canada now owns 60,023 shares of the company’s stock valued at $3,838,000 after buying an additional 328 shares in the last quarter. Finally, Empowered Funds LLC bought a new position in shares of Invesco S&P Global Water Index ETF in the first quarter valued at $2,677,000.

Invesco S&P Global Water Index ETF Trading Down 0.5%

Shares of NYSEARCA CGW opened at $65.79 on Thursday. Invesco S&P Global Water Index ETF has a twelve month low of $61.34 and a twelve month high of $68.92. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 21.45 and a beta of 0.91. The firm has a 50-day moving average of $64.72 and a two-hundred day moving average of $64.96.

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.