NewEdge Advisors LLC Decreases Stock Holdings in Invesco Global Water ETF (NASDAQ:PIO)

NewEdge Advisors LLC reduced its position in shares of Invesco Global Water ETF (NASDAQ:PIO) by 16.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,412 shares of the company’s stock after selling 268 shares during the quarter. NewEdge Advisors LLC’s holdings in Invesco Global Water ETF were worth $55,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Invesco Global Water ETF in the 4th quarter worth $754,000. Wells Fargo & Company MN grew its position in Invesco Global Water ETF by 38.7% in the fourth quarter. Wells Fargo & Company MN now owns 111,087 shares of the company’s stock worth $4,339,000 after acquiring an additional 30,980 shares in the last quarter. LPL Financial LLC increased its stake in Invesco Global Water ETF by 0.7% during the fourth quarter. LPL Financial LLC now owns 84,194 shares of the company’s stock worth $3,289,000 after acquiring an additional 606 shares during the last quarter. Millstone Evans Group LLC purchased a new stake in Invesco Global Water ETF during the fourth quarter valued at approximately $196,000. Finally, Corient Private Wealth LLC lifted its stake in shares of Invesco Global Water ETF by 11.1% in the 4th quarter. Corient Private Wealth LLC now owns 5,245 shares of the company’s stock valued at $205,000 after purchasing an additional 525 shares during the last quarter.

Invesco Global Water ETF Stock Performance

NASDAQ PIO opened at $42.33 on Friday. The company has a market cap of $258.21 million, a P/E ratio of 23.75 and a beta of 0.96. Invesco Global Water ETF has a fifty-two week low of $35.57 and a fifty-two week high of $43.54. The business’s 50 day moving average price is $39.99 and its 200-day moving average price is $40.41.

Invesco Global Water ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.0541 per share. The ex-dividend date was Monday, March 24th. This is a positive change 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.