Invesco Global Water ETF (NASDAQ:PIO) Shares Sold by Congress Wealth Management LLC DE

Congress Wealth Management LLC DE lessened its position in Invesco Global Water ETF (NASDAQ:PIO) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 180,660 shares of the company’s stock after selling 286 shares during the period. Congress Wealth Management LLC DE owned about 2.80% of Invesco Global Water ETF worth $7,057,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in Invesco Global Water ETF by 411.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 772 shares of the company’s stock worth $33,000 after buying an additional 621 shares during the last quarter. Heck Capital Advisors LLC purchased a new position in shares of Invesco Global Water ETF during the 4th quarter worth about $42,000. Global Retirement Partners LLC boosted its position in shares of Invesco Global Water ETF by 1,045.4% in the fourth quarter. Global Retirement Partners LLC now owns 1,111 shares of the company’s stock worth $43,000 after acquiring an additional 1,014 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Invesco Global Water ETF by 253.8% in the fourth quarter. Jones Financial Companies Lllp now owns 1,900 shares of the company’s stock valued at $74,000 after purchasing an additional 1,363 shares during the period. Finally, FMR LLC increased its position in Invesco Global Water ETF by 22.2% during the third quarter. FMR LLC now owns 2,577 shares of the company’s stock worth $111,000 after purchasing an additional 469 shares during the last quarter.

Invesco Global Water ETF Stock Up 0.8 %

Shares of PIO opened at $40.98 on Wednesday. Invesco Global Water ETF has a fifty-two week low of $38.35 and a fifty-two week high of $43.54. The company’s fifty day moving average is $40.75 and its two-hundred day moving average is $40.94. The firm has a market cap of $264.32 million, a PE ratio of 25.31 and a beta of 0.96.

Invesco Global Water ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a dividend of $0.0541 per share. The ex-dividend date is 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.