Venture Visionary Partners LLC Increases Position in Invesco Water Resources ETF (NASDAQ:PHO)

Venture Visionary Partners LLC lifted its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 9.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 5,828 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Venture Visionary Partners LLC’s holdings in Invesco Water Resources ETF were worth $411,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. TruWealth Advisors LLC grew its stake in Invesco Water Resources ETF by 3.5% in the second quarter. TruWealth Advisors LLC now owns 4,362 shares of the company’s stock valued at $283,000 after purchasing an additional 148 shares during the last quarter. Perigon Wealth Management LLC raised its stake in shares of Invesco Water Resources ETF by 4.6% during the 1st quarter. Perigon Wealth Management LLC now owns 3,504 shares of the company’s stock worth $233,000 after acquiring an additional 155 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its position in Invesco Water Resources ETF by 2.6% during the second quarter. Dynamic Advisor Solutions LLC now owns 7,514 shares of the company’s stock valued at $488,000 after acquiring an additional 189 shares during the last quarter. Verity Asset Management Inc. boosted its stake in Invesco Water Resources ETF by 0.7% in the first quarter. Verity Asset Management Inc. now owns 31,753 shares of the company’s stock valued at $2,114,000 after acquiring an additional 224 shares in the last quarter. Finally, Private Wealth Advisors LLC grew its holdings in Invesco Water Resources ETF by 1.1% in the second quarter. Private Wealth Advisors LLC now owns 21,044 shares of the company’s stock worth $1,343,000 after purchasing an additional 230 shares during the last quarter.

Invesco Water Resources ETF Trading Down 0.7 %

Shares of PHO stock opened at $69.59 on Wednesday. The company has a market cap of $2.27 billion, a PE ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a 12-month low of $49.65 and a 12-month high of $71.47. The business’s fifty day simple moving average is $69.20 and its 200-day simple moving average is $67.28.

Invesco Water Resources ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.29%. The ex-dividend date was Monday, September 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.