(PIO) Invesco Global Water - Ratings and Ratios

The Invesco Global Water ETF (NASDAQ:PIO) is designed to track the performance of global companies involved in water conservation, purification, and distribution. The fund invests at least 90% of its assets in securities from its underlying index, which includes U.S. and international companies across developed and emerging markets. These companies operate in sectors such as water treatment, infrastructure, and technology. The ETF also holds ADRs and GDRs linked to the indexs constituents. PIO is classified as a non-diversified fund, meaning it can concentrate its holdings in a smaller number of securities. The ETF provides exposure to the global water industry, which includes businesses that manufacture water processing equipment, provide water management services, and develop water infrastructure.

From a technical perspective, PIO has shown stability in recent trading sessions. Its 20-day SMA of 40.88 and 50-day SMA of 40.20 indicate a slight upward trend, while the 200-day SMA of 41.06 suggests longer-term equilibrium. The ATR of 0.41 reflects moderate volatility. Average 20-day volume of 15,603 shares suggests modest trading activity. The funds last price of 40.95 aligns closely with its short-term moving averages, signaling balanced supply and demand dynamics.

Ticker Symbol: PIO Exchange: NASDAQ Type: ETF Country Origin: USA ETF Category: Natural Resources

Average Volume 20d: 15,603 Last Price: 40.95 SMA 20: 40.88 SMA 50: 40.20 SMA 200: 41.06 ATR: 0.41

AUM: 261.44M USD

3-Month Forecast: Based on and , PIO is expected to trade within a narrow range of $40-$42. The funds AUM of $261.44M and average daily volume of 15,603 suggest steady investor interest. The water sector is likely to benefit from increasing global focus on water scarcity and infrastructure upgrades, supporting the ETFs long-term outlook. Short-term price movements will depend on broader market trends and sector-specific developments.