Cwm LLC Sells 33,946 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Cwm LLC reduced its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 19.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 144,986 shares of the company’s stock after selling 33,946 shares during the period. Cwm LLC’s holdings in Invesco Water Resources ETF were worth $8,824,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Ronald Blue Trust Inc. purchased a new stake in Invesco Water Resources ETF in the 3rd quarter worth about $28,000. Flagship Harbor Advisors LLC raised its position in shares of Invesco Water Resources ETF by 19.1% in the third quarter. Flagship Harbor Advisors LLC now owns 8,304 shares of the company’s stock valued at $442,000 after purchasing an additional 1,333 shares during the period. SS&H Financial Advisors Inc. bought a new stake in shares of Invesco Water Resources ETF in the third quarter valued at approximately $383,000. Commonwealth Equity Services LLC lifted its stake in shares of Invesco Water Resources ETF by 1.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 392,502 shares of the company’s stock valued at $20,873,000 after buying an additional 3,883 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its stake in Invesco Water Resources ETF by 2.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 142,054 shares of the company’s stock valued at $7,554,000 after buying an additional 3,976 shares in the last quarter.

Invesco Water Resources ETF Stock Performance

NASDAQ:PHO opened at $63.70 on Tuesday. Invesco Water Resources ETF has a 52-week low of $49.65 and a 52-week high of $66.74. The business’s fifty day moving average is $64.37 and its 200 day moving average is $59.50. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 34.93 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a $0.0629 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date was Monday, March 18th.

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.