Money Design Co. Ltd. Reduces Stake in Invesco Global Water ETF (NASDAQ:PIO)

Money Design Co. Ltd. lessened its stake in shares of Invesco Global Water ETF (NASDAQ:PIO) by 13.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 109,366 shares of the company’s stock after selling 17,622 shares during the period. Money Design Co. Ltd.’s holdings in Invesco Global Water ETF were worth $4,272,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bristlecone Advisors LLC acquired a new stake in Invesco Global Water ETF during the third quarter worth about $28,000. JPMorgan Chase & Co. grew its stake in shares of Invesco Global Water ETF by 411.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 772 shares of the company’s stock valued at $33,000 after buying an additional 621 shares during the period. Mather Group LLC. acquired a new stake in shares of Invesco Global Water ETF during the 3rd quarter worth approximately $79,000. US Bancorp DE raised its position in shares of Invesco Global Water ETF by 73.0% during the 3rd quarter. US Bancorp DE now owns 1,989 shares of the company’s stock valued at $86,000 after buying an additional 839 shares during the period. Finally, FMR LLC lifted its holdings in Invesco Global Water ETF by 22.2% in the third quarter. FMR LLC now owns 2,577 shares of the company’s stock valued at $111,000 after acquiring an additional 469 shares during the last quarter.

Invesco Global Water ETF Stock Performance

Shares of Invesco Global Water ETF stock opened at $40.80 on Wednesday. Invesco Global Water ETF has a fifty-two week low of $38.25 and a fifty-two week high of $43.54. The firm has a market capitalization of $263.16 million, a price-to-earnings ratio of 28.91 and a beta of 0.96. The stock has a 50 day moving average of $40.29 and a 200 day moving average of $41.05.

Invesco Global Water ETF Dividend Announcement

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

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.