Raymond James Financial Services Advisors Inc. Sells 2,074 Shares of Invesco Global Water ETF (NASDAQ:PIO)

Raymond James Financial Services Advisors Inc. lessened its holdings in shares of Invesco Global Water ETF (NASDAQ:PIO) by 14.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,147 shares of the company’s stock after selling 2,074 shares during the quarter. Raymond James Financial Services Advisors Inc. owned 0.17% of Invesco Global Water ETF worth $480,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Legacy Financial Group LLC purchased a new position in Invesco Global Water ETF during the 3rd quarter worth $26,000. Aptus Capital Advisors LLC purchased a new position in Invesco Global Water ETF during the 3rd quarter worth $44,000. Comerica Bank purchased a new position in Invesco Global Water ETF during the 3rd quarter worth $51,000. FMR LLC boosted its holdings in Invesco Global Water ETF by 32.0% during the 1st quarter. FMR LLC now owns 2,064 shares of the company’s stock worth $72,000 after acquiring an additional 500 shares during the last quarter. Finally, Veritable L.P. purchased a new position in Invesco Global Water ETF during the 1st quarter worth $202,000.

Invesco Global Water ETF Stock Performance

Shares of NASDAQ:PIO opened at $40.03 on Friday. The company’s 50-day moving average is $41.37 and its 200 day moving average is $38.04. The company has a market capitalization of $276.21 million, a P/E ratio of 27.43 and a beta of 0.96. Invesco Global Water ETF has a fifty-two week low of $31.30 and a fifty-two week high of $43.24.

Invesco Global Water ETF Dividend Announcement

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

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.