Banco Santander S.A. Grows Stock Position in Invesco Water Resources ETF (NASDAQ:PHO)

Banco Santander S.A. lifted its position in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 13.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,170 shares of the company’s stock after purchasing an additional 860 shares during the period. Banco Santander S.A.’s holdings in Invesco Water Resources ETF were worth $506,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ashton Thomas Private Wealth LLC acquired a new stake in Invesco Water Resources ETF during the 2nd quarter valued at approximately $25,000. Larson Financial Group LLC acquired a new stake in shares of Invesco Water Resources ETF during the second quarter worth approximately $34,000. ORG Partners LLC bought a new stake in shares of Invesco Water Resources ETF in the second quarter worth $38,000. Rothschild Investment LLC acquired a new stake in Invesco Water Resources ETF in the second quarter valued at $42,000. Finally, McClarren Financial Advisors Inc. boosted its stake in Invesco Water Resources ETF by 424.0% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 676 shares of the company’s stock valued at $48,000 after acquiring an additional 547 shares during the last quarter.

Invesco Water Resources ETF Stock Performance

PHO opened at $71.12 on Friday. The company has a market capitalization of $2.32 billion, a P/E ratio of 37.18 and a beta of 0.96. The company has a 50-day moving average of $69.94 and a 200-day moving average of $68.09. Invesco Water Resources ETF has a 1-year low of $55.62 and a 1-year high of $72.59.

Invesco Water Resources ETF Cuts Dividend

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