Moors & Cabot Inc. Decreases Holdings in Invesco Global Water ETF (NASDAQ:PIO)

Moors & Cabot Inc. decreased its position in Invesco Global Water ETF (NASDAQ:PIO) by 1.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,518 shares of the company’s stock after selling 250 shares during the quarter. Moors & Cabot Inc.’s holdings in Invesco Global Water ETF were worth $625,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Elmwood Wealth Management Inc. grew its stake in shares of Invesco Global Water ETF by 13.1% during the third quarter. Elmwood Wealth Management Inc. now owns 45,953 shares of the company’s stock valued at $1,980,000 after buying an additional 5,318 shares during the last quarter. Mather Group LLC. bought a new position in Invesco Global Water ETF during the 3rd quarter worth approximately $79,000. US Bancorp DE increased its stake in Invesco Global Water ETF by 73.0% in the 3rd quarter. US Bancorp DE now owns 1,989 shares of the company’s stock worth $86,000 after purchasing an additional 839 shares during the period. Bristlecone Advisors LLC bought a new stake in Invesco Global Water ETF in the third quarter valued at approximately $28,000. Finally, Vima LLC boosted its stake in shares of Invesco Global Water ETF by 5.4% during the third quarter. Vima LLC now owns 7,068 shares of the company’s stock valued at $304,000 after purchasing an additional 365 shares during the period.

Invesco Global Water ETF Stock Performance

Shares of Invesco Global Water ETF stock opened at $41.28 on Friday. Invesco Global Water ETF has a 52-week low of $35.95 and a 52-week high of $43.54. The company’s 50 day moving average price is $41.67 and its 200-day moving average price is $41.49. The stock has a market capitalization of $274.52 million, a price-to-earnings ratio of 28.91 and a beta of 0.96.

Invesco Global Water ETF Cuts Dividend

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

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.