Invesco Water Resources ETF (NASDAQ:PHO) Stock Holdings Cut by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its position in Invesco Water Resources ETF (NASDAQ:PHO) by 26.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 240,781 shares of the company’s stock after selling 88,820 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco Water Resources ETF were worth $15,841,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Invesco Water Resources ETF during the fourth quarter valued at approximately $34,604,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Invesco Water Resources ETF during the 4th quarter valued at $7,366,000. IFP Advisors Inc lifted its position in shares of Invesco Water Resources ETF by 945.0% during the 4th quarter. IFP Advisors Inc now owns 35,447 shares of the company’s stock valued at $2,332,000 after acquiring an additional 32,055 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of Invesco Water Resources ETF during the 4th quarter worth $1,731,000. Finally, Prism Advisors Inc. grew its holdings in shares of Invesco Water Resources ETF by 9.6% in the 4th quarter. Prism Advisors Inc. now owns 206,352 shares of the company’s stock worth $13,576,000 after acquiring an additional 18,054 shares during the last quarter.

Invesco Water Resources ETF Stock Up 0.8 %

Shares of NASDAQ PHO opened at $65.50 on Tuesday. Invesco Water Resources ETF has a 12 month low of $62.82 and a 12 month high of $72.59. The company has a market cap of $2.11 billion, a price-to-earnings ratio of 25.82 and a beta of 0.96. The business has a fifty day simple moving average of $66.91 and a 200-day simple moving average of $68.45.

Invesco Water Resources ETF Dividend Announcement

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

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.