Invesco Global Water ETF (NASDAQ:PIO) hit a new 52-week high on Tuesday . The company traded as high as $27.50 and last traded at $27.49, with a volume of 2849 shares changing hands. The stock had previously closed at $27.30.

Hedge funds and other institutional investors have recently modified their holdings of the company. LPL Financial LLC boosted its position in Invesco Global Water ETF by 1.6% during the 4th quarter. LPL Financial LLC now owns 28,679 shares of the company’s stock valued at $662,000 after purchasing an additional 452 shares during the period. Citigroup Inc. boosted its position in Invesco Global Water ETF by 28.3% during the 4th quarter. Citigroup Inc. now owns 2,732 shares of the company’s stock valued at $63,000 after purchasing an additional 602 shares during the period. Mcmillion Capital Management Inc. boosted its position in Invesco Global Water ETF by 2.1% during the 4th quarter. Mcmillion Capital Management Inc. now owns 52,946 shares of the company’s stock valued at $1,222,000 after purchasing an additional 1,099 shares during the period. Stifel Financial Corp boosted its position in Invesco Global Water ETF by 6.7% during the 4th quarter. Stifel Financial Corp now owns 18,269 shares of the company’s stock valued at $424,000 after purchasing an additional 1,140 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in Invesco Global Water ETF by 8.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 48,523 shares of the company’s stock valued at $1,119,000 after purchasing an additional 3,809 shares during the period.

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About Invesco Global Water ETF (NASDAQ:PIO)

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.

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