Invesco Global Water ETF (NASDAQ:PIO) Stake Decreased by 1832 Asset Management L.P.

1832 Asset Management L.P. trimmed its holdings in Invesco Global Water ETF (NASDAQ:PIO) by 4.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 374,042 shares of the company’s stock after selling 17,529 shares during the quarter. 1832 Asset Management L.P. owned about 5.58% of Invesco Global Water ETF worth $15,113,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Holderness Investments Co. acquired a new position in Invesco Global Water ETF during the 4th quarter valued at about $755,000. Virtu Financial LLC lifted its position in Invesco Global Water ETF by 98.8% in the fourth quarter. Virtu Financial LLC now owns 12,356 shares of the company’s stock worth $488,000 after purchasing an additional 6,142 shares during the period. Vima LLC bought a new position in Invesco Global Water ETF during the 4th quarter valued at $255,000. YHB Investment Advisors Inc. increased its position in shares of Invesco Global Water ETF by 22.0% during the 1st quarter. YHB Investment Advisors Inc. now owns 16,659 shares of the company’s stock valued at $718,000 after purchasing an additional 3,000 shares during the period. Finally, Dearborn Partners LLC bought a new stake in shares of Invesco Global Water ETF in the 1st quarter worth $152,000.

Invesco Global Water ETF Stock Up 0.4 %

Shares of PIO stock opened at $42.37 on Tuesday. The stock has a 50-day simple moving average of $41.30 and a 200 day simple moving average of $41.49. The stock has a market capitalization of $283.86 million, a P/E ratio of 28.91 and a beta of 0.96. Invesco Global Water ETF has a fifty-two week low of $31.30 and a fifty-two week high of $43.54.

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.