MONECO Advisors LLC Lowers Stake in Invesco Water Resources ETF (NASDAQ:PHO)

MONECO Advisors LLC lowered its position in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 0.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,584 shares of the company’s stock after selling 193 shares during the quarter. MONECO Advisors LLC owned 0.13% of Invesco Water Resources ETF worth $2,670,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. IHT Wealth Management LLC lifted its holdings in shares of Invesco Water Resources ETF by 1.9% in the third quarter. IHT Wealth Management LLC now owns 8,251 shares of the company’s stock worth $582,000 after buying an additional 151 shares in the last quarter. Principal Securities Inc. lifted its holdings in shares of Invesco Water Resources ETF by 37.2% in the fourth quarter. Principal Securities Inc. now owns 590 shares of the company’s stock worth $39,000 after buying an additional 160 shares in the last quarter. Raab & Moskowitz Asset Management LLC lifted its holdings in shares of Invesco Water Resources ETF by 0.3% in the third quarter. Raab & Moskowitz Asset Management LLC now owns 59,898 shares of the company’s stock worth $4,225,000 after buying an additional 180 shares in the last quarter. MML Investors Services LLC lifted its holdings in shares of Invesco Water Resources ETF by 1.3% in the third quarter. MML Investors Services LLC now owns 14,625 shares of the company’s stock worth $1,032,000 after buying an additional 181 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of Invesco Water Resources ETF by 0.8% in the third quarter. Captrust Financial Advisors now owns 22,492 shares of the company’s stock worth $1,587,000 after buying an additional 189 shares in the last quarter.

Invesco Water Resources ETF Stock Performance

PHO stock opened at $66.28 on Friday. Invesco Water Resources ETF has a one year low of $62.82 and a one year high of $72.59. The company’s fifty day moving average price is $67.06 and its 200-day moving average price is $68.70. The company has a market capitalization of $2.13 billion, a PE ratio of 26.66 and a beta of 1.00.

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 issued a $0.0923 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.