Gerber LLC Has $515,000 Stock Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

Gerber LLC trimmed its holdings in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 2.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,835 shares of the company’s stock after selling 192 shares during the period. Gerber LLC’s holdings in Invesco Water Resources ETF were worth $515,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Invesco Water Resources ETF in the 4th quarter valued at about $34,604,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Invesco Water Resources ETF during the fourth quarter worth approximately $7,366,000. IFP Advisors Inc lifted its position in Invesco Water Resources ETF by 945.0% during the fourth quarter. IFP Advisors Inc now owns 35,447 shares of the company’s stock worth $2,332,000 after acquiring an additional 32,055 shares during the last quarter. Prime Capital Investment Advisors LLC acquired a new stake in Invesco Water Resources ETF during the third quarter worth approximately $1,973,000. Finally, Strategic Financial Concepts LLC acquired a new stake in Invesco Water Resources ETF during the fourth quarter worth approximately $1,731,000.

Invesco Water Resources ETF Stock Down 1.2 %

Shares of PHO stock opened at $64.41 on Thursday. The firm has a 50 day moving average price of $66.99 and a two-hundred day moving average price of $68.58. The company has a market capitalization of $2.09 billion, a PE ratio of 25.82 and a beta of 1.00. Invesco Water Resources ETF has a 12-month low of $62.82 and a 12-month 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 given a $0.0923 dividend. 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.