Capital Wealth Alliance LLC Takes $828,000 Position in Invesco Global Water ETF (NASDAQ:PIO)

Capital Wealth Alliance LLC purchased a new position in shares of Invesco Global Water ETF (NASDAQ:PIO) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 21,210 shares of the company’s stock, valued at approximately $828,000. Capital Wealth Alliance LLC owned 0.33% of Invesco Global Water ETF at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Bristlecone Advisors LLC purchased a new position in Invesco Global Water ETF during the third quarter worth about $28,000. JPMorgan Chase & Co. boosted its position in shares of Invesco Global Water ETF by 411.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 772 shares of the company’s stock worth $33,000 after purchasing an additional 621 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in shares of Invesco Global Water ETF during the 4th quarter worth $42,000. Mather Group LLC. purchased a new position in shares of Invesco Global Water ETF in the 3rd quarter valued at about $79,000. Finally, US Bancorp DE lifted its stake in shares of Invesco Global Water ETF by 73.0% in the third quarter. US Bancorp DE now owns 1,989 shares of the company’s stock valued at $86,000 after purchasing an additional 839 shares during the period.

Invesco Global Water ETF Stock Performance

Shares of PIO stock opened at $40.65 on Tuesday. Invesco Global Water ETF has a 1 year low of $38.35 and a 1 year high of $43.54. The stock has a fifty day moving average price of $40.21 and a 200 day moving average price of $41.00. The stock has a market cap of $262.19 million, a PE ratio of 28.91 and a beta of 0.96.

Invesco Global Water ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.0496 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco Global Water ETF

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.