Invesco Water Resources ETF (NASDAQ:PHO) Shares Bought by Hamilton Wealth LLC

Hamilton Wealth LLC increased its position in Invesco Water Resources ETF (NASDAQ:PHO) by 1.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 135,038 shares of the company’s stock after buying an additional 2,084 shares during the quarter. Invesco Water Resources ETF accounts for approximately 2.8% of Hamilton Wealth LLC’s investment portfolio, making the stock its 9th largest position. Hamilton Wealth LLC’s holdings in Invesco Water Resources ETF were worth $8,989,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in PHO. Woodmont Investment Counsel LLC bought a new position in shares of Invesco Water Resources ETF during the 1st quarter worth approximately $27,000. ESL Trust Services LLC acquired a new position in shares of Invesco Water Resources ETF during the first quarter worth approximately $27,000. Principal Securities Inc. acquired a new position in shares of Invesco Water Resources ETF during the fourth quarter worth approximately $25,000. Keener Financial Planning LLC acquired a new position in shares of Invesco Water Resources ETF during the fourth quarter worth approximately $37,000. Finally, Scarborough Advisors LLC acquired a new position in shares of Invesco Water Resources ETF during the fourth quarter worth approximately $52,000.

Invesco Water Resources ETF Price Performance

Shares of NASDAQ:PHO traded down $1.23 during trading on Friday, reaching $68.03. 58,085 shares of the stock were exchanged, compared to its average volume of 73,062. Invesco Water Resources ETF has a 1-year low of $49.65 and a 1-year high of $70.40. The stock has a fifty day moving average of $66.37 and a two-hundred day moving average of $64.87. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a $0.0926 dividend. This is a positive change from Invesco Water Resources ETF’s previous quarterly dividend of $0.06. This represents a $0.37 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date was Monday, June 24th.

Invesco Water Resources ETF 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.