Baron Financial Group LLC Has $4.97 Million Stake in Invesco S&P Global Water Index ETF (NYSEARCA:CGW)

Baron Financial Group LLC decreased its position in Invesco S&P Global Water Index ETF (NYSEARCA:CGW) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 91,688 shares of the company’s stock after selling 255 shares during the period. Invesco S&P Global Water Index ETF accounts for 3.1% of Baron Financial Group LLC’s portfolio, making the stock its 9th largest position. Baron Financial Group LLC owned 0.52% of Invesco S&P Global Water Index ETF worth $4,969,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGW. Creative Planning lifted its stake in shares of Invesco S&P Global Water Index ETF by 8.0% in the 3rd quarter. Creative Planning now owns 7,025 shares of the company’s stock valued at $430,000 after purchasing an additional 521 shares during the period. FMR LLC increased its holdings in Invesco S&P Global Water Index ETF by 37.2% in the third quarter. FMR LLC now owns 11,637 shares of the company’s stock valued at $712,000 after purchasing an additional 3,155 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Invesco S&P Global Water Index ETF in the second quarter valued at about $557,000. Raymond James & Associates boosted its holdings in Invesco S&P Global Water Index ETF by 3.0% during the third quarter. Raymond James & Associates now owns 90,158 shares of the company’s stock worth $5,518,000 after buying an additional 2,652 shares during the last quarter. Finally, Park Avenue Securities LLC grew its position in shares of Invesco S&P Global Water Index ETF by 16.1% during the 4th quarter. Park Avenue Securities LLC now owns 19,277 shares of the company’s stock worth $1,045,000 after buying an additional 2,672 shares during the period.

Invesco S&P Global Water Index ETF Price Performance

Shares of CGW stock opened at $54.30 on Friday. The stock has a market cap of $949.16 million, a PE ratio of 28.12 and a beta of 0.90. The stock has a 50-day moving average of $56.33 and a 200-day moving average of $58.09. Invesco S&P Global Water Index ETF has a one year low of $50.42 and a one year high of $61.55.

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.