Moors & Cabot Inc. Cuts Position in Invesco Global Water ETF (NASDAQ:PIO)

Moors & Cabot Inc. trimmed its holdings in shares of Invesco Global Water ETF (NASDAQ:PIO) by 1.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,518 shares of the company’s stock after selling 250 shares during the quarter. Moors & Cabot Inc. owned 0.22% of Invesco Global Water ETF worth $625,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Mercer Global Advisors Inc. ADV raised its stake in shares of Invesco Global Water ETF by 1.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 17,852 shares of the company’s stock worth $721,000 after purchasing an additional 299 shares during the period. Mather Group LLC. bought a new stake in Invesco Global Water ETF in the third quarter worth about $79,000. Elmwood Wealth Management Inc. raised its position in Invesco Global Water ETF by 13.1% in the third quarter. Elmwood Wealth Management Inc. now owns 45,953 shares of the company’s stock worth $1,980,000 after acquiring an additional 5,318 shares during the period. Bristlecone Advisors LLC purchased a new position in Invesco Global Water ETF in the third quarter valued at about $28,000. Finally, Vima LLC grew its position in shares of Invesco Global Water ETF by 5.4% during the 3rd quarter. Vima LLC now owns 7,068 shares of the company’s stock valued at $304,000 after acquiring an additional 365 shares during the period.

Invesco Global Water ETF Trading Up 0.9 %

NASDAQ:PIO opened at $41.28 on Friday. Invesco Global Water ETF has a 12 month low of $35.95 and a 12 month high of $43.54. The firm’s 50 day moving average is $41.67 and its 200 day moving average is $41.49. The stock has a market capitalization of $274.52 million, a PE ratio of 28.91 and a beta of 0.96.

Invesco Global Water ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.028 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.11 annualized dividend and a dividend yield of 0.27%.

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.