Wells Fargo & Company MN Buys 30,980 Shares of Invesco Global Water ETF (NASDAQ:PIO)

Wells Fargo & Company MN lifted its position in Invesco Global Water ETF (NASDAQ:PIO) by 38.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 111,087 shares of the company’s stock after acquiring an additional 30,980 shares during the quarter. Wells Fargo & Company MN’s holdings in Invesco Global Water ETF were worth $4,339,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in PIO. LPL Financial LLC increased its position in shares of Invesco Global Water ETF by 0.7% during the fourth quarter. LPL Financial LLC now owns 84,194 shares of the company’s stock valued at $3,289,000 after acquiring an additional 606 shares during the last quarter. Millstone Evans Group LLC bought a new stake in shares of Invesco Global Water ETF during the 4th quarter worth $196,000. Corient Private Wealth LLC grew its position in Invesco Global Water ETF by 11.1% during the fourth quarter. Corient Private Wealth LLC now owns 5,245 shares of the company’s stock valued at $205,000 after buying an additional 525 shares during the period. HighTower Advisors LLC increased its holdings in Invesco Global Water ETF by 6.0% during the fourth quarter. HighTower Advisors LLC now owns 5,577 shares of the company’s stock worth $218,000 after buying an additional 316 shares during the last quarter. Finally, Johnson Investment Counsel Inc. bought a new stake in Invesco Global Water ETF in the fourth quarter worth about $164,000.

Invesco Global Water ETF Stock Down 1.6 %

Invesco Global Water ETF stock opened at $38.62 on Tuesday. The company has a market capitalization of $237.51 million, a P/E ratio of 23.75 and a beta of 0.96. The firm has a 50 day moving average price of $39.99 and a 200-day moving average price of $40.46. Invesco Global Water ETF has a twelve month low of $35.57 and a twelve month high of $43.54.

Invesco Global Water ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.0541 dividend. This is an increase from Invesco Global Water ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 24th.

Invesco Global Water ETF Company 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.