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World Oceans Day spotlights how AI's rising water demand is boosting prospects of water ETFs like PHO.
One hundred days into the Iran war, AI, shipping and cannabis ETFs have surged, while crypto, bonds and gold miners lagged.
Global X Clean Water ETF (NASDAQ: AQWA - Get Free Report)'s share price shot up 0.8% during mid-day trading on Thursday. The stock traded as high as $19.79 and last traded at $19.71. 11,382 shares traded hands during trading, a decline of 75% from the average session volume of 45,400 shares. The stock had previously
Shares of Global X Clean Water ETF (NASDAQ: AQWA - Get Free Report) rose 1.3% on Wednesday. The company traded as high as $19.35 and last traded at $19.22. Approximately 8,715 shares traded hands during trading, a decline of 84% from the average daily volume of 53,824 shares. The stock had previously closed at $18.98.
Low-priced securities offer great affordability and higher chances of outperformance than the larger ones.
Climate change is worsening the problem.
Thematic ETF provider Global X finished 2021 with twice as many assets as the previous year, prompting market experts to ponder just how the company did it. “The firm ended as the 12th largest ETF manager, climbing four spots in the crowded CFRA ETF league table, aided by $21 billion of net inflows,” CFRA Research [.
In a runoff between ETF.com's Jessica Ferringer and ETF Action's Mike Akins, which water ETF wins?
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.