First National Bank & Trust Co. of Newtown Sells 840 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

First National Bank & Trust Co. of Newtown decreased its position in Invesco Water Resources ETF (NASDAQ:PHO) by 0.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 133,539 shares of the company’s stock after selling 840 shares during the quarter. Invesco Water Resources ETF accounts for approximately 1.8% of First National Bank & Trust Co. of Newtown’s holdings, making the stock its 10th largest position. First National Bank & Trust Co. of Newtown owned 0.41% of Invesco Water Resources ETF worth $9,420,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. 1832 Asset Management L.P. boosted its holdings in shares of Invesco Water Resources ETF by 147.7% during the first quarter. 1832 Asset Management L.P. now owns 524,079 shares of the company’s stock valued at $34,888,000 after acquiring an additional 312,475 shares during the period. Cetera Investment Advisers lifted its holdings in shares of Invesco Water Resources ETF by 1,167.6% during the first quarter. Cetera Investment Advisers now owns 232,199 shares of the company’s stock valued at $15,457,000 after purchasing an additional 213,881 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of Invesco Water Resources ETF by 159.4% in the third quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock worth $21,323,000 after buying an additional 185,770 shares during the period. Prism Advisors Inc. grew its holdings in shares of Invesco Water Resources ETF by 1,504.8% during the second quarter. Prism Advisors Inc. now owns 149,822 shares of the company’s stock valued at $9,725,000 after buying an additional 140,486 shares in the last quarter. Finally, LPL Financial LLC lifted its position in shares of Invesco Water Resources ETF by 17.9% in the second quarter. LPL Financial LLC now owns 668,590 shares of the company’s stock worth $43,398,000 after purchasing an additional 101,342 shares in the last quarter.

Invesco Water Resources ETF Stock Down 0.4 %

Invesco Water Resources ETF stock opened at $71.78 on Friday. Invesco Water Resources ETF has a 12 month low of $52.42 and a 12 month high of $72.59. The company’s fifty day simple moving average is $69.37 and its 200-day simple moving average is $67.69. The stock has a market cap of $2.34 billion, a P/E ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Cuts Dividend

The company also recently declared 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 dividend yield of 0.28%.

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.