First Pacific Financial Makes New $166,000 Investment in Invesco Water Resources ETF (NASDAQ:PHO)

First Pacific Financial acquired a new stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,525 shares of the company’s stock, valued at approximately $166,000.

A number of other institutional investors and hedge funds have also made changes to their positions in PHO. EWG Elevate Inc. acquired a new stake in Invesco Water Resources ETF during the 4th quarter worth approximately $705,000. International Assets Investment Management LLC purchased a new stake in Invesco Water Resources ETF during the fourth quarter worth approximately $623,000. JPMorgan Chase & Co. increased its position in shares of Invesco Water Resources ETF by 44.0% in the third quarter. JPMorgan Chase & Co. now owns 50,234 shares of the company’s stock worth $3,544,000 after acquiring an additional 15,339 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Invesco Water Resources ETF in the 3rd quarter valued at $247,000. Finally, TD Private Client Wealth LLC lifted its holdings in shares of Invesco Water Resources ETF by 49.4% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,198 shares of the company’s stock valued at $85,000 after acquiring an additional 396 shares in the last quarter.

Invesco Water Resources ETF Trading Up 0.9 %

Shares of NASDAQ PHO opened at $67.51 on Friday. The stock has a fifty day moving average price of $68.66 and a 200 day moving average price of $68.54. Invesco Water Resources ETF has a 12-month low of $58.32 and a 12-month high of $72.59. The company has a market cap of $2.18 billion, a P/E ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

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

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.