Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by Equitable Trust Co.

Equitable Trust Co. lowered its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 1.8% during the fourth quarter, Holdings Channel reports. The fund owned 14,789 shares of the company’s stock after selling 271 shares during the quarter. Equitable Trust Co.’s holdings in Invesco Water Resources ETF were worth $973,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Wingate Wealth Advisors Inc. acquired a new stake in shares of Invesco Water Resources ETF during the fourth quarter valued at $33,000. Strategic Financial Concepts LLC acquired a new stake in shares of Invesco Water Resources ETF during the fourth quarter valued at $1,731,000. Prism Advisors Inc. boosted its stake in shares of Invesco Water Resources ETF by 9.6% during the fourth quarter. Prism Advisors Inc. now owns 206,352 shares of the company’s stock valued at $13,576,000 after acquiring an additional 18,054 shares during the last quarter. PFG Investments LLC boosted its stake in shares of Invesco Water Resources ETF by 2.8% during the fourth quarter. PFG Investments LLC now owns 18,824 shares of the company’s stock valued at $1,238,000 after acquiring an additional 505 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its stake in shares of Invesco Water Resources ETF by 11.1% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 8,495 shares of the company’s stock valued at $559,000 after acquiring an additional 846 shares during the last quarter.

Invesco Water Resources ETF Stock Up 0.5 %

PHO opened at $67.54 on Tuesday. The business’s fifty day simple moving average is $67.71 and its 200 day simple moving average is $68.77. Invesco Water Resources ETF has a 52 week low of $61.05 and a 52 week high of $72.59. The firm has a market cap of $2.18 billion, a P/E ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.0923 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco Water Resources ETF

PowerShares Water Resources Portfolio (the Fund) seeks investment results that generally correspond to the price yield of the NASDAQ OMX US Water Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. The Underlying Index seeks to track the performance of the United States exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries.