Invesco Global Water ETF (NASDAQ:PIO) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Invesco Global Water ETF (NASDAQ:PIO)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $41.36 and traded as low as $41.31. Invesco Global Water ETF shares last traded at $41.38, with a volume of 4,071 shares traded.

Invesco Global Water ETF Stock Down 1.0 %

The company has a 50 day moving average price of $41.48 and a 200-day moving average price of $41.36. The company has a market cap of $275.18 million, a P/E ratio of 28.91 and a beta of 0.96.

Invesco Global Water ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.028 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.11 annualized dividend and a yield of 0.27%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Stifel Financial Corp boosted its position in shares of Invesco Global Water ETF by 2.1% in the 3rd quarter. Stifel Financial Corp now owns 45,996 shares of the company’s stock valued at $1,982,000 after purchasing an additional 951 shares during the period. Flow Traders U.S. LLC purchased a new stake in Invesco Global Water ETF in the 3rd quarter worth about $1,038,000. FMR LLC lifted its stake in Invesco Global Water ETF by 22.2% in the 3rd quarter. FMR LLC now owns 2,577 shares of the company’s stock worth $111,000 after acquiring an additional 469 shares in the last quarter. US Bancorp DE lifted its stake in Invesco Global Water ETF by 73.0% in the 3rd quarter. US Bancorp DE now owns 1,989 shares of the company’s stock worth $86,000 after acquiring an additional 839 shares in the last quarter. Finally, Vima LLC lifted its stake in Invesco Global Water ETF by 5.4% in the 3rd quarter. Vima LLC now owns 7,068 shares of the company’s stock worth $304,000 after acquiring an additional 365 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.