Addison Advisors LLC Buys 2,715 Shares of Invesco S&P Global Water Index ETF (NYSEARCA:CGW)

Addison Advisors LLC grew its stake in Invesco S&P Global Water Index ETF (NYSEARCA:CGW) by 3.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,887 shares of the company’s stock after acquiring an additional 2,715 shares during the period. Invesco S&P Global Water Index ETF accounts for 1.6% of Addison Advisors LLC’s holdings, making the stock its 14th biggest holding. Addison Advisors LLC owned about 0.42% of Invesco S&P Global Water Index ETF worth $4,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Hanson & Doremus Investment Management bought a new position in shares of Invesco S&P Global Water Index ETF during the third quarter valued at approximately $25,000. CVA Family Office LLC purchased a new stake in Invesco S&P Global Water Index ETF during the fourth quarter valued at approximately $42,000. AdvisorNet Financial Inc purchased a new stake in Invesco S&P Global Water Index ETF during the fourth quarter valued at approximately $53,000. Baker Avenue Asset Management LP purchased a new stake in Invesco S&P Global Water Index ETF during the third quarter valued at approximately $70,000. Finally, Jones Financial Companies Lllp purchased a new stake in Invesco S&P Global Water Index ETF during the third quarter valued at approximately $79,000.

Invesco S&P Global Water Index ETF Stock Performance

NYSEARCA:CGW traded up $0.34 during midday trading on Friday, reaching $55.31. 23,434 shares of the stock traded hands, compared to its average volume of 46,923. Invesco S&P Global Water Index ETF has a 12-month low of $44.37 and a 12-month high of $55.97. The business has a 50-day moving average of $54.32 and a two-hundred day moving average of $51.63. The stock has a market capitalization of $980.01 million, a PE ratio of 26.38 and a beta of 0.88.

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.