Invesco Global Water ETF (NASDAQ:PIO) Announces Dividend of $0.31

Invesco Global Water ETF (NASDAQ:PIO) declared a dividend on Friday, June 19th, NASDAQ Dividends reports. Investors of record on Monday, June 22nd will be given a dividend of 0.3062 per share on Friday, June 26th. The ex-dividend date of this dividend is Monday, June 22nd.

Invesco Global Water ETF Price Performance

Shares of PIO opened at $45.03 on Friday. The company has a market cap of $274.68 million, a P/E ratio of 24.59 and a beta of 1.00. The stock has a fifty day moving average price of $44.94 and a 200 day moving average price of $45.27. Invesco Global Water ETF has a 12 month low of $42.09 and a 12 month high of $48.63.

Hedge Funds Weigh In On Invesco Global Water ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Stifel Financial Corp increased its position in shares of Invesco Global Water ETF by 0.7% during the 4th quarter. Stifel Financial Corp now owns 48,251 shares of the company’s stock valued at $2,130,000 after purchasing an additional 351 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Invesco Global Water ETF by 4.6% in the third quarter. Ameriprise Financial Inc. now owns 9,663 shares of the company’s stock valued at $434,000 after buying an additional 423 shares during the period. Journey Strategic Wealth LLC lifted its holdings in shares of Invesco Global Water ETF by 6.5% in the third quarter. Journey Strategic Wealth LLC now owns 7,180 shares of the company’s stock valued at $322,000 after buying an additional 440 shares during the period. Comerica Bank boosted its stake in Invesco Global Water ETF by 29.9% during the first quarter. Comerica Bank now owns 1,955 shares of the company’s stock valued at $78,000 after buying an additional 450 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Invesco Global Water ETF by 26.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 2,301 shares of the company’s stock valued at $103,000 after buying an additional 488 shares in the last quarter.

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. The Index consisted of companies listed on exchanges in Australia, Bermuda, Brazil, Canada, Chile, China, Egypt, France, Hong Kong, India, Indonesia, Israel, Luxembourg, Malaysia, Mexico, Poland, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan and the United States.