Heck Capital Advisors LLC Takes Position in Invesco Global Water ETF (NASDAQ:PIO)

Heck Capital Advisors LLC bought a new stake in Invesco Global Water ETF (NASDAQ:PIO) in the 4th quarter, HoldingsChannel.com reports. The firm bought 1,075 shares of the company’s stock, valued at approximately $42,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bristlecone Advisors LLC bought a new position in shares of Invesco Global Water ETF in the third quarter valued at $28,000. JPMorgan Chase & Co. lifted its position in Invesco Global Water ETF by 411.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 772 shares of the company’s stock valued at $33,000 after acquiring an additional 621 shares in the last quarter. Mather Group LLC. acquired a new position in Invesco Global Water ETF during the 3rd quarter valued at about $79,000. US Bancorp DE increased its holdings in Invesco Global Water ETF by 73.0% during the 3rd quarter. US Bancorp DE now owns 1,989 shares of the company’s stock worth $86,000 after purchasing an additional 839 shares in the last quarter. Finally, FMR LLC raised its stake in shares of Invesco Global Water ETF by 22.2% in 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 last quarter.

Invesco Global Water ETF Stock Down 0.9 %

Shares of NASDAQ:PIO opened at $41.03 on Monday. The business’s 50 day moving average is $40.29 and its 200 day moving average is $41.03. Invesco Global Water ETF has a 12-month low of $38.25 and a 12-month high of $43.54. The stock has a market cap of $264.64 million, a price-to-earnings ratio of 28.91 and a beta of 0.96.

Invesco Global Water ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.0496 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.