Congress Wealth Management LLC DE Has $7.06 Million Stock Holdings in Invesco Global Water ETF (NASDAQ:PIO)

Congress Wealth Management LLC DE lowered its position in shares of Invesco Global Water ETF (NASDAQ:PIO) by 0.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 180,660 shares of the company’s stock after selling 286 shares during the quarter. Congress Wealth Management LLC DE’s holdings in Invesco Global Water ETF were worth $7,057,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of PIO. JPMorgan Chase & Co. grew its holdings in shares of Invesco Global Water ETF by 411.3% during the third quarter. JPMorgan Chase & Co. now owns 772 shares of the company’s stock valued at $33,000 after buying an additional 621 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in shares of Invesco Global Water ETF in the 4th quarter valued at about $42,000. Global Retirement Partners LLC lifted its position in shares of Invesco Global Water ETF by 1,045.4% in the fourth quarter. Global Retirement Partners LLC now owns 1,111 shares of the company’s stock worth $43,000 after purchasing an additional 1,014 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Invesco Global Water ETF by 253.8% during 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 period. Finally, FMR LLC boosted its holdings in shares of Invesco Global Water ETF by 22.2% during the third quarter. FMR LLC now owns 2,577 shares of the company’s stock worth $111,000 after purchasing an additional 469 shares during the period.

Invesco Global Water ETF Stock Performance

Invesco Global Water ETF stock opened at $40.98 on Wednesday. Invesco Global Water ETF has a twelve month low of $38.35 and a twelve month high of $43.54. The firm has a market cap of $264.32 million, a PE ratio of 25.31 and a beta of 0.96. The firm’s 50 day moving average price is $40.75 and its two-hundred day moving average price is $40.94.

Invesco Global Water ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a dividend of $0.0541 per share. This is a positive change from Invesco Global Water ETF’s previous dividend of $0.05. The ex-dividend date is Monday, March 24th.

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.