Turning Point Benefit Group Inc. Takes $275,000 Position in Invesco Water Resources ETF (NASDAQ:PHO)

Turning Point Benefit Group Inc. bought a new position in Invesco Water Resources ETF (NASDAQ:PHO) during the 4th quarter, HoldingsChannel reports. The fund bought 4,173 shares of the company’s stock, valued at approximately $275,000.

Several other large investors have also made changes to their positions in the company. Centricity Wealth Management LLC bought a new stake in Invesco Water Resources ETF during the 4th quarter worth about $105,000. Pacific Sun Financial Corp boosted its stake in shares of Invesco Water Resources ETF by 3.9% in the 4th quarter. Pacific Sun Financial Corp now owns 7,013 shares of the company’s stock valued at $461,000 after purchasing an additional 260 shares during the last quarter. Bank of Jackson Hole Trust acquired a new stake in shares of Invesco Water Resources ETF in the 4th quarter valued at approximately $45,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Invesco Water Resources ETF in the 4th quarter valued at approximately $7,366,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of Invesco Water Resources ETF in the 4th quarter valued at approximately $37,000.

Invesco Water Resources ETF Price Performance

Shares of NASDAQ:PHO opened at $66.28 on Friday. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 26.66 and a beta of 1.00. The firm’s 50 day simple moving average is $67.06 and its 200 day simple moving average is $68.68. Invesco Water Resources ETF has a fifty-two week low of $62.82 and a fifty-two week high of $72.59.

Invesco Water Resources ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.0923 per share. The ex-dividend date of this dividend 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.