EWG Elevate Inc. Invests $705,000 in Invesco Water Resources ETF (NASDAQ:PHO)

EWG Elevate Inc. acquired a new stake in Invesco Water Resources ETF (NASDAQ:PHO) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 10,715 shares of the company’s stock, valued at approximately $705,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Invesco Water Resources ETF in the second quarter valued at approximately $25,000. Sunbelt Securities Inc. bought a new stake in shares of Invesco Water Resources ETF during the 3rd quarter worth about $36,000. McClarren Financial Advisors Inc. raised its holdings in Invesco Water Resources ETF by 424.0% in 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 period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Invesco Water Resources ETF during the third quarter worth approximately $54,000. Finally, Kennebec Savings Bank bought a new stake in shares of Invesco Water Resources ETF during the third quarter worth approximately $60,000.

Invesco Water Resources ETF Stock Down 1.5 %

Shares of Invesco Water Resources ETF stock opened at $64.51 on Monday. Invesco Water Resources ETF has a twelve month low of $58.32 and a twelve month high of $72.59. The company has a 50-day simple moving average of $69.00 and a two-hundred day simple moving average of $68.55. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors 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.