Linscomb & Williams Inc. Sells 1,436 Shares of Invesco Global Water ETF (NASDAQ:PIO)

Linscomb & Williams Inc. lowered its stake in Invesco Global Water ETF (NASDAQ:PIO) by 6.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,311 shares of the company’s stock after selling 1,436 shares during the quarter. Linscomb & Williams Inc. owned approximately 0.32% of Invesco Global Water ETF worth $882,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in PIO. Millburn Ridgefield Corp boosted its stake in Invesco Global Water ETF by 329.7% in the 4th quarter. Millburn Ridgefield Corp now owns 679 shares of the company’s stock worth $27,000 after purchasing an additional 521 shares during the period. Aptus Capital Advisors LLC purchased a new stake in shares of Invesco Global Water ETF in the 3rd quarter valued at about $44,000. AdvisorNet Financial Inc raised its holdings in shares of Invesco Global Water ETF by 33.3% in the 4th quarter. AdvisorNet Financial Inc now owns 1,600 shares of the company’s stock valued at $63,000 after acquiring an additional 400 shares in the last quarter. CI Investments Inc. raised its holdings in shares of Invesco Global Water ETF by 11.4% in the 3rd quarter. CI Investments Inc. now owns 8,782 shares of the company’s stock valued at $297,000 after acquiring an additional 900 shares in the last quarter. Finally, Citigroup Inc. raised its holdings in shares of Invesco Global Water ETF by 25.5% in the 3rd quarter. Citigroup Inc. now owns 18,279 shares of the company’s stock valued at $617,000 after acquiring an additional 3,714 shares in the last quarter.

Invesco Global Water ETF Price Performance

Shares of NASDAQ:PIO traded up $0.15 on Friday, hitting $42.48. The company’s stock had a trading volume of 7,891 shares, compared to its average volume of 9,042. The company has a 50-day simple moving average of $41.93 and a 200 day simple moving average of $39.72. Invesco Global Water ETF has a 1 year low of $31.30 and a 1 year high of $43.54. The company has a market capitalization of $293.11 million, a PE ratio of 28.91 and a beta of 0.96.

Invesco Global Water ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a $0.0084 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.03 annualized dividend and a dividend yield of 0.08%.

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.