Raymond James Financial Inc. Purchases New Shares in Invesco Global Water ETF (NASDAQ:PIO)

Raymond James Financial Inc. purchased a new position in Invesco Global Water ETF (NASDAQ:PIO) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 19,298 shares of the company’s stock, valued at approximately $754,000.

Several other institutional investors and hedge funds also recently bought and sold shares of PIO. SBI Securities Co. Ltd. purchased a new position in shares of Invesco Global Water ETF during the 4th quarter worth about $136,000. Jones Financial Companies Lllp lifted its stake in Invesco Global Water ETF by 253.8% in the fourth quarter. Jones Financial Companies Lllp now owns 1,900 shares of the company’s stock worth $74,000 after purchasing an additional 1,363 shares during the last quarter. Global Retirement Partners LLC boosted its position in shares of Invesco Global Water ETF by 1,045.4% during the fourth quarter. Global Retirement Partners LLC now owns 1,111 shares of the company’s stock valued at $43,000 after buying an additional 1,014 shares during the period. Ifrah Financial Services Inc. boosted its position in shares of Invesco Global Water ETF by 2.4% during the fourth quarter. Ifrah Financial Services Inc. now owns 12,385 shares of the company’s stock valued at $484,000 after buying an additional 288 shares during the period. Finally, Capital Wealth Alliance LLC bought a new position in shares of Invesco Global Water ETF during the fourth quarter valued at approximately $828,000.

Invesco Global Water ETF Stock Performance

Shares of PIO stock opened at $37.11 on Friday. The firm has a market capitalization of $231.94 million, a P/E ratio of 24.85 and a beta of 0.96. Invesco Global Water ETF has a 52-week low of $37.11 and a 52-week high of $43.54. The stock has a 50 day moving average price of $40.67 and a 200 day moving average price of $40.86.

Invesco Global Water ETF Increases Dividend

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

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.