Verity Asset Management Inc. Trims Stock Position in Invesco Water Resources ETF (NASDAQ:PHO)

Verity Asset Management Inc. trimmed its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 14.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,440 shares of the company’s stock after selling 4,497 shares during the period. Invesco Water Resources ETF comprises 1.0% of Verity Asset Management Inc.’s holdings, making the stock its 24th largest position. Verity Asset Management Inc.’s holdings in Invesco Water Resources ETF were worth $1,805,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. IHT Wealth Management LLC boosted its holdings in Invesco Water Resources ETF by 1.9% during 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. Raab & Moskowitz Asset Management LLC boosted its stake in shares of 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 grew its position in shares of Invesco Water Resources ETF by 1.3% during the 3rd 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 period. Captrust Financial Advisors grew its position in shares of Invesco Water Resources ETF by 0.8% during the 3rd 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 during the period. Finally, O ROURKE & COMPANY Inc raised its holdings in Invesco Water Resources ETF by 0.8% in the 3rd 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 during the period.

Invesco Water Resources ETF Trading Down 0.9 %

Shares of PHO stock opened at $67.82 on Tuesday. Invesco Water Resources ETF has a 12-month low of $59.30 and a 12-month high of $72.59. The business’s 50 day moving average is $68.12 and its two-hundred day moving average is $68.79. The company has a market capitalization of $2.19 billion, a P/E ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Dividend Announcement

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 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.