C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Buys New Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Invesco Water Resources ETF (NASDAQ:PHO) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 111,969 shares of the company’s stock, valued at approximately $7,366,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors owned about 0.35% of Invesco Water Resources ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. IHT Wealth Management LLC increased its stake in 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 valued at $582,000 after purchasing an additional 151 shares during the last quarter. Raab & Moskowitz Asset Management LLC raised its stake in Invesco Water Resources ETF by 0.3% during the 3rd quarter. Raab & Moskowitz Asset Management LLC now owns 59,898 shares of the company’s stock worth $4,225,000 after acquiring an additional 180 shares in the last quarter. MML Investors Services LLC lifted its position in 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 valued at $1,032,000 after acquiring an additional 181 shares during the last quarter. Captrust Financial Advisors boosted its stake in Invesco Water Resources ETF by 0.8% in the third quarter. Captrust Financial Advisors now owns 22,492 shares of the company’s stock valued at $1,587,000 after acquiring an additional 189 shares in the last quarter. Finally, O ROURKE & COMPANY Inc increased its position in shares of Invesco Water Resources ETF by 0.8% during the third quarter. O ROURKE & COMPANY Inc now owns 29,111 shares of the company’s stock worth $2,053,000 after purchasing an additional 227 shares in the last quarter.

Invesco Water Resources ETF Stock Down 1.4 %

Shares of NASDAQ PHO opened at $67.14 on Thursday. The stock has a market cap of $2.17 billion, a PE ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a 52-week low of $61.05 and a 52-week high of $72.59. The business has a 50-day moving average price of $67.53 and a 200 day moving average price of $68.75.

Invesco Water Resources ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0923 per share. 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.