Mercer Global Advisors Inc. ADV Boosts Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

Mercer Global Advisors Inc. ADV boosted its holdings in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 0.6% in the second quarter, HoldingsChannel.com reports. The fund owned 48,470 shares of the company’s stock after buying an additional 301 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Invesco Water Resources ETF were worth $3,146,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Principal Securities Inc. acquired a new position in shares of Invesco Water Resources ETF during the 4th quarter worth approximately $25,000. Brown Advisory Inc. boosted its stake in shares of Invesco Water Resources ETF by 1.8% during the fourth quarter. Brown Advisory Inc. now owns 10,884 shares of the company’s stock valued at $662,000 after acquiring an additional 193 shares during the last quarter. Wells Fargo & Company MN raised its stake in Invesco Water Resources ETF by 6.6% in the 4th quarter. Wells Fargo & Company MN now owns 227,949 shares of the company’s stock valued at $13,873,000 after purchasing an additional 14,138 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in Invesco Water Resources ETF by 0.6% in the 4th quarter. D.A. Davidson & CO. now owns 26,749 shares of the company’s stock valued at $1,628,000 after purchasing an additional 161 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its stake in shares of Invesco Water Resources ETF by 32.5% during the 4th quarter. Corient Private Wealth LLC now owns 22,161 shares of the company’s stock worth $1,349,000 after purchasing an additional 5,437 shares during the last quarter.

Invesco Water Resources ETF Price Performance

Shares of NASDAQ PHO opened at $69.30 on Monday. The company has a market cap of $2.24 billion, a PE ratio of 37.18 and a beta of 0.96. The company has a 50-day simple moving average of $68.27 and a 200-day simple moving average of $66.53. Invesco Water Resources ETF has a 12 month low of $49.65 and a 12 month high of $70.40.

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.