Invesco Global Water ETF (NASDAQ:PIO) Shares Sold by Raymond James & Associates

Raymond James & Associates cut its position in Invesco Global Water ETF (NASDAQ:PIO) by 6.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,200 shares of the company’s stock after selling 600 shares during the quarter. Raymond James & Associates owned 0.12% of Invesco Global Water ETF worth $324,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of PIO. Legacy Financial Group LLC acquired a new position in Invesco Global Water ETF during the 3rd quarter worth $26,000. CI Investments Inc. grew its stake in Invesco Global Water ETF by 11.4% during the 3rd quarter. CI Investments Inc. now owns 8,782 shares of the company’s stock worth $297,000 after purchasing an additional 900 shares in the last quarter. Aptus Capital Advisors LLC acquired a new position in Invesco Global Water ETF during the 3rd quarter worth $44,000. Citigroup Inc. grew its stake in Invesco Global Water ETF by 25.5% during the 3rd quarter. Citigroup Inc. now owns 18,279 shares of the company’s stock worth $617,000 after purchasing an additional 3,714 shares in the last quarter. Finally, Community Financial Services Group LLC acquired a new position in Invesco Global Water ETF during the 3rd quarter worth $753,000.

Invesco Global Water ETF Price Performance

PIO opened at $41.04 on Monday. Invesco Global Water ETF has a 12 month low of $31.30 and a 12 month high of $43.24. The stock has a market capitalization of $283.18 million, a price-to-earnings ratio of 27.25 and a beta of 0.93. The business has a fifty day moving average price of $41.49 and a 200 day moving average price of $38.37.

Invesco Global Water ETF Announces Dividend

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

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.