Wells Fargo & Company MN Acquires 30,980 Shares of Invesco Global Water ETF (NASDAQ:PIO)

Wells Fargo & Company MN boosted its holdings in Invesco Global Water ETF (NASDAQ:PIO) by 38.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 111,087 shares of the company’s stock after purchasing an additional 30,980 shares during the quarter. Wells Fargo & Company MN owned about 1.72% of Invesco Global Water ETF worth $4,339,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in PIO. LPL Financial LLC grew its stake in shares of Invesco Global Water ETF by 0.7% in the 4th quarter. LPL Financial LLC now owns 84,194 shares of the company’s stock valued at $3,289,000 after buying an additional 606 shares during the period. Capital Wealth Alliance LLC acquired a new position in shares of Invesco Global Water ETF during the fourth quarter worth approximately $828,000. Raymond James Financial Inc. bought a new position in shares of Invesco Global Water ETF in the 4th quarter worth $754,000. Ifrah Financial Services Inc. grew its position in Invesco Global Water ETF by 2.4% in the 4th quarter. Ifrah Financial Services Inc. now owns 12,385 shares of the company’s stock valued at $484,000 after purchasing an additional 288 shares during the period. Finally, Journey Strategic Wealth LLC acquired a new position in Invesco Global Water ETF during the fourth quarter worth $244,000.

Invesco Global Water ETF Trading Down 1.6 %

Invesco Global Water ETF stock opened at $38.62 on Tuesday. The firm’s fifty day moving average price is $39.99 and its two-hundred day moving average price is $40.46. The firm has a market capitalization of $237.51 million, a price-to-earnings ratio of 23.75 and a beta of 0.96. Invesco Global Water ETF has a 1-year low of $35.57 and a 1-year high of $43.54.

Invesco Global Water ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.0541 per share. The ex-dividend date of this dividend was Monday, March 24th. This is an increase from Invesco Global Water ETF’s previous dividend of $0.05.

Invesco Global Water ETF 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.