Invesco Water Resources ETF (NASDAQ:PHO) Shares Acquired by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC grew its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 17.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 26,715 shares of the company’s stock after buying an additional 3,969 shares during the quarter. Steward Partners Investment Advisory LLC owned 0.08% of Invesco Water Resources ETF worth $1,758,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. IHT Wealth Management LLC lifted its holdings in shares of Invesco Water Resources ETF by 1.9% in the 3rd quarter. IHT Wealth Management LLC now owns 8,251 shares of the company’s stock valued at $582,000 after buying an additional 151 shares during the period. Principal Securities Inc. boosted its position in Invesco Water Resources ETF by 37.2% during the fourth quarter. Principal Securities Inc. now owns 590 shares of the company’s stock worth $39,000 after purchasing an additional 160 shares in the last quarter. Raab & Moskowitz Asset Management LLC boosted its position in Invesco Water Resources ETF by 0.3% during the third quarter. Raab & Moskowitz Asset Management LLC now owns 59,898 shares of the company’s stock worth $4,225,000 after purchasing an additional 180 shares in the last quarter. MML Investors Services LLC boosted its position in Invesco Water Resources ETF by 1.3% during the third quarter. MML Investors Services LLC now owns 14,625 shares of the company’s stock worth $1,032,000 after purchasing an additional 181 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in Invesco Water Resources ETF by 0.8% during the third quarter. Captrust Financial Advisors now owns 22,492 shares of the company’s stock worth $1,587,000 after purchasing an additional 189 shares in the last quarter.

Invesco Water Resources ETF Trading Up 1.2 %

Shares of PHO stock opened at $67.06 on Friday. The company has a market capitalization of $2.16 billion, a P/E ratio of 26.66 and a beta of 0.96. The business’s 50 day moving average is $66.99 and its two-hundred day moving average is $68.63. 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 firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0923 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Water Resources ETF Company Profile

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.