Water is essential to life, and while we usually take it for granted, it is a precious commodity with a limited supply. Population growth, pollution, and climate change are leading to shortages of clean and accessible freshwater. Here are ETFs which hold waste water stocks.
Invesco Water Resources ETF (NYSE:PHO) has been consolidating after the recent jump. On Tuesday, the stock fell 2.88% to $57.34 with over 241K shares traded hands, compared to its average volume of 210K shares. Over the past 52-week, the stock has been moving in a range of $44.61 – 60.95.
Invesco Global Water ETF (NYSE:PIO) stock continues to trade in a narrow range. On Tuesday, the stock fell 1.37% to $41.08 with over 32k shares traded hands, compared to its average volume of 35K shares. Over the past 52-week, the stock has been moving in a range of $33.91 – 43.99. The stock is trading above 23% from its 52-week low and 6% away from its 52-week high.
First Trust Water ETF (NYSE:FIW) stock continues to trade in a narrow range. On Tuesday, the ETF ended lower by 2.68% at $89.75 with over 136K shares traded hands, compared to its average volume of 88K shares. Over the past 52-week, the stock has been moving in a range of $69.04 – 95.97. The stock is trading above 32% from its 52-week low and 5% away from its 52-week high.
iShares U.S. Utilities ETF (NYSE:IDU) stock continues to gain and moved up 5% in the past year. On Tuesday, the ETF ended down 3.10% at $81.72 with over 36k shares traded hands, compared to its average volume of 37k shares. Over the past 52-week, it has been moving in a range of $ 72.38 – 86.29.
Essential Utilities Inc (NYSE:CGW) continues to trade in a narrow range and trading near a 52-week high. On Tuesday, the ETF was down 1.53% to $58.38 with over 78k shares traded hands, compared to its average volume of 83k shares. Over the past 52-week, it has been moving in a range of $45.00 – 60.96. The stock is trading above 30% from its 52-week low and 3% away from its 52-week high.
LifeQuest World Corp (OTCMKTS:LQWC) Investors who like water need to take a look at little known LQWC who cleans water worldwide for governments, commercial businesses and consumers. It is a green Company taking sludge, grease and fats out of dirty water. The result is clean reusable water. The Company turns raw sewage, often dumped into rivers, oceans and lakes, into non-potable non drinking water for re-use. LifeQuest sees more expansion ahead. This WaaS Company forecasts more water treatment joint ventures and projects worldwide. CEO Khan says it now has five joint ventures in place — from India and South Africa to Ethiopia and the Philippines. According to the CEO, LQWC expects to be profitable in 2022.
