Geneos Wealth Management Inc. Sells 776 Shares of Invesco Global Water ETF (NASDAQ:PIO)

Geneos Wealth Management Inc. lessened its stake in shares of Invesco Global Water ETF (NASDAQ:PIO) by 19.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,194 shares of the company’s stock after selling 776 shares during the period. Geneos Wealth Management Inc.’s holdings in Invesco Global Water ETF were worth $126,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Legacy Financial Group LLC bought a new position in Invesco Global Water ETF in the third quarter worth approximately $26,000. Aptus Capital Advisors LLC bought a new position in Invesco Global Water ETF in the third quarter worth approximately $44,000. Comerica Bank bought a new position in Invesco Global Water ETF in the third quarter worth approximately $51,000. AdvisorNet Financial Inc raised its stake in Invesco Global Water ETF by 33.3% in the fourth quarter. AdvisorNet Financial Inc now owns 1,600 shares of the company’s stock worth $63,000 after buying an additional 400 shares in the last quarter. Finally, FMR LLC raised its stake in Invesco Global Water ETF by 32.0% in the first quarter. FMR LLC now owns 2,064 shares of the company’s stock worth $72,000 after buying an additional 500 shares in the last quarter.

Invesco Global Water ETF Trading Down 0.7 %

NASDAQ PIO opened at $40.68 on Tuesday. The firm’s fifty day simple moving average is $41.26 and its two-hundred day simple moving average is $37.91. Invesco Global Water ETF has a 12-month low of $31.30 and a 12-month high of $43.24. The firm has a market capitalization of $280.69 million, a P/E ratio of 27.43 and a beta of 0.96.

Invesco Global Water ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a $0.0084 dividend. This represents a $0.03 annualized dividend and a yield of 0.08%. The ex-dividend date of this dividend was Monday, March 18th.

Invesco Global Water ETF Company Profile

PowerShares Global Water Portfolio (the Fund) seeks investment results that generally correspond to the price and yield performance of the NASDAQ OMX Global Water Index (the Index). The Fund will invest at least 90% of its total assets in the equity securities that comprise the Index, American depository receipts (ADR) and Global depository receipts (GDR) that are based on the securities in the Index.