Global X Clean Water ETF (NASDAQ:AQWA) Stock Price Down 2.3% – Should You Sell?

Global X Clean Water ETF (NASDAQ:AQWA)’s stock price was down 2.3% on Friday . The company traded as low as $18.48 and last traded at $18.48. Approximately 9,600 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 39,143 shares. The stock had previously closed at $18.92.

Global X Clean Water ETF Price Performance

The business’s 50-day moving average price is $19.26 and its two-hundred day moving average price is $19.49. The firm has a market cap of $24.39 million, a price-to-earnings ratio of 21.56 and a beta of 0.91.

Hedge Funds Weigh In On Global X Clean Water ETF

A number of institutional investors have recently modified their holdings of AQWA. Kestra Advisory Services LLC acquired a new position in shares of Global X Clean Water ETF in the fourth quarter valued at approximately $27,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of Global X Clean Water ETF in the third quarter valued at approximately $32,000. Osaic Holdings Inc. raised its position in shares of Global X Clean Water ETF by 26.8% in the second quarter. Osaic Holdings Inc. now owns 10,304 shares of the company’s stock valued at $195,000 after buying an additional 2,178 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of Global X Clean Water ETF in the first quarter valued at approximately $232,000. Finally, Susquehanna International Group LLP acquired a new position in shares of Global X Clean Water ETF in the third quarter valued at approximately $302,000.

About Global X Clean Water ETF

The Global X Clean Water ETF (AQWA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global companies that are efficient in treating, purifying, and managing water. AQWA was launched on Apr 8, 2021 and is managed by Global X.