Phoenix Wealth Advisors Makes New Investment in Invesco S&P Global Water Index ETF $CGW

Phoenix Wealth Advisors bought a new position in Invesco S&P Global Water Index ETF (NYSEARCA:CGW) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 14,421 shares of the company’s stock, valued at approximately $899,000. Phoenix Wealth Advisors owned 0.09% of Invesco S&P Global Water Index ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new stake in Invesco S&P Global Water Index ETF during the third quarter valued at about $48,000. Kestra Advisory Services LLC bought a new position in shares of Invesco S&P Global Water Index ETF in the third quarter worth about $593,000. Commonwealth Equity Services LLC acquired a new position in shares of Invesco S&P Global Water Index ETF during the 3rd quarter worth about $5,904,000. Smallwood Wealth Investment Management LLC acquired a new position in shares of Invesco S&P Global Water Index ETF during the 3rd quarter worth about $25,000. Finally, Verity Asset Management Inc. acquired a new position in shares of Invesco S&P Global Water Index ETF during the 3rd quarter worth about $492,000.

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

NYSEARCA:CGW traded down $0.30 during mid-day trading on Friday, hitting $64.80. 23,279 shares of the company’s stock traded hands, compared to its average volume of 31,826. The firm has a 50 day moving average of $63.87 and a two-hundred day moving average of $64.71. Invesco S&P Global Water Index ETF has a 12 month low of $61.34 and a 12 month high of $68.92. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 21.45 and a beta of 0.90.

About Invesco S&P Global Water Index ETF

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.