Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by LexAurum Advisors LLC

LexAurum Advisors LLC lessened its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 4.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,377 shares of the company’s stock after selling 610 shares during the period. LexAurum Advisors LLC’s holdings in Invesco Water Resources ETF were worth $880,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Envestnet Asset Management Inc. boosted its stake in Invesco Water Resources ETF by 1.5% during the second quarter. Envestnet Asset Management Inc. now owns 56,521 shares of the company’s stock worth $3,669,000 after buying an additional 822 shares during the period. Renaissance Technologies LLC acquired a new position in shares of Invesco Water Resources ETF in the 2nd quarter worth approximately $422,000. Bank of Montreal Can boosted its position in shares of Invesco Water Resources ETF by 438.0% during the 2nd quarter. Bank of Montreal Can now owns 36,624 shares of the company’s stock worth $2,501,000 after purchasing an additional 29,816 shares during the period. Point72 Europe London LLP purchased a new stake in Invesco Water Resources ETF in the second quarter valued at approximately $733,000. Finally, Creative Planning lifted its stake in Invesco Water Resources ETF by 2.0% during the second quarter. Creative Planning now owns 58,434 shares of the company’s stock worth $3,793,000 after purchasing an additional 1,120 shares in the last quarter.

Invesco Water Resources ETF Stock Down 0.1 %

PHO opened at $68.34 on Friday. The firm has a market cap of $2.21 billion, a P/E ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a 52 week low of $58.80 and a 52 week high of $72.59. The business has a fifty day simple moving average of $68.39 and a 200-day simple moving average of $68.69.

Invesco Water Resources ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.0923 dividend. The ex-dividend date 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.