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

Private Wealth Advisors LLC lifted its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 1.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,335 shares of the company’s stock after purchasing an additional 291 shares during the quarter. Private Wealth Advisors LLC’s holdings in Invesco Water Resources ETF were worth $1,494,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Prime Capital Investment Advisors LLC purchased a new position in shares of Invesco Water Resources ETF during the 3rd quarter worth approximately $1,973,000. Bond & Devick Financial Network Inc. grew its holdings in Invesco Water Resources ETF by 17.8% during the 3rd quarter. Bond & Devick Financial Network Inc. now owns 18,527 shares of the company’s stock valued at $1,307,000 after buying an additional 2,803 shares during the last quarter. Kennebec Savings Bank acquired a new stake in Invesco Water Resources ETF during the 3rd quarter valued at $60,000. Mesirow Financial Investment Management Inc. increased its position in Invesco Water Resources ETF by 9.9% during the third quarter. Mesirow Financial Investment Management Inc. now owns 7,805 shares of the company’s stock worth $551,000 after buying an additional 706 shares in the last quarter. Finally, Winthrop Advisory Group LLC acquired a new position in shares of Invesco Water Resources ETF in the third quarter worth $209,000.

Invesco Water Resources ETF Stock Down 0.5 %

Shares of PHO traded down $0.37 during trading hours on Tuesday, reaching $71.24. 15,961 shares of the company traded hands, compared to its average volume of 70,741. The stock has a market capitalization of $2.32 billion, a PE ratio of 37.18 and a beta of 0.96. The stock has a fifty day simple moving average of $69.43 and a 200 day simple moving average of $67.83. Invesco Water Resources ETF has a fifty-two week low of $52.94 and a fifty-two week high of $72.59.

Invesco Water Resources ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.05 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.20 annualized dividend and a yield of 0.28%.

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.