Water supply ETF $CGW may explote to the upsideIs in a confirmed uptrend and now after a volatility contraction pattern (VCP), AMEX:CGW is showing a pivot buy just above $60. My trade will be buying above the pivot with a stop just below the 50-day MA and a target sell at $66. Low risk trade with a 2:1 risk/reward ratio.
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Key stats
About Invesco S&P Global Water Index ETF
Home page
Inception date
May 14, 2007
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
CGW offers comprehensive coverage of the global water segment in an efficient wrapper. The fund starts with all eligible securities from the S&P Global BMI Index that are classified in either water equipment & materials or water utilities & infrastructure cluster. To identify industry relevance, each company from both clusters will be assigned an exposure score based on its business description and most recent reported revenue. The 25 largest companies with an exposure score of 1 from each cluster will be selected for inclusion. However, if fewer than 25 companies have an exposure score of 1, the fund will select the largest companies with a 0.5 exposure score until the portfolio contains a total of 25 constituents for each cluster. Stocks are weighted by market-cap within each bucket and are constrained, such that securities with an exposure score of 1 are capped at 10% and those with 0.5 exposure score are capped at 5%. Index rebalancing occurs semi-annually.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Utilities
Stock breakdown by region
Top 10 holdings
Water ETF looking good again, $CGWI have a poisiton in this ETF since July 2020 and it has been great. Is not a superperfomer but I have a 14% return with low volatility and recently is has held very well. Now is looking very good to buy again and have a very good Dollar Cost Avegare. Yesterday's buying volume was way above average
If you want exposure to the water prices $CGW is the ETF for itI really like AMEX:CGW , little volatility, strong uptrend and now there are futures for the price of water. I have a position since August and I'm not thinking of selling any time soon. Looking at the good buying volume and that its near a breakout just above de 20 day MA, I think I'll buy again t
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CGW trades at 61.14 USD today, its price has fallen −1.23% in the past 24 hours. Track more dynamics on CGW price chart.
CGW net asset value is 60.93 today — it's risen 2.52% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CGW assets under management is 970.52 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CGW price has risen by 2.89% over the last month, and its yearly performance shows a 8.15% increase. See more dynamics on CGW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.52% over the last month, showed a 8.20% increase in three-month performance and has increased by 9.94% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.52% over the last month, showed a 8.20% increase in three-month performance and has increased by 9.94% in a year.
CGW fund flows account for −87.68 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CGW invests in stocks. See more details in our Analysis section.
CGW expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CGW isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CGW technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CGW shows the buy signal. See more of CGW technicals for a more comprehensive analysis.
Today, CGW technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CGW shows the buy signal. See more of CGW technicals for a more comprehensive analysis.
Yes, CGW pays dividends to its holders with the dividend yield of 1.14%.
CGW trades at a premium (0.34%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CGW shares are issued by Invesco Ltd.
CGW follows the S&P Global Water. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 14, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.