Invesco Global Water ETF (NASDAQ:PIO) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. reduced its stake in shares of Invesco Global Water ETF (NASDAQ:PIO) by 3.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,481 shares of the company’s stock after selling 566 shares during the period. Ameriprise Financial Inc. owned 0.22% of Invesco Global Water ETF worth $566,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Wells Fargo & Company MN lifted its holdings 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 valued at $4,339,000 after acquiring an additional 30,980 shares during the last quarter. Capital Wealth Alliance LLC acquired a new position in Invesco Global Water ETF in the fourth quarter valued at approximately $828,000. Raymond James Financial Inc. acquired a new position in Invesco Global Water ETF in the fourth quarter valued at approximately $754,000. Susquehanna International Group LLP lifted its holdings in Invesco Global Water ETF by 18.9% in the fourth quarter. Susquehanna International Group LLP now owns 82,502 shares of the company’s stock valued at $3,222,000 after acquiring an additional 13,137 shares during the last quarter. Finally, Journey Strategic Wealth LLC acquired a new position in Invesco Global Water ETF in the fourth quarter valued at approximately $244,000.

Invesco Global Water ETF Stock Performance

PIO opened at $43.29 on Wednesday. The stock has a market capitalization of $264.08 million, a PE ratio of 23.34 and a beta of 0.96. Invesco Global Water ETF has a one year low of $35.57 and a one year high of $43.58. The business’s 50 day moving average price is $40.92 and its 200 day moving average price is $40.67.

Invesco Global Water ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.0541 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a boost 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.