IFP Advisors Inc Has $2.33 Million Stake in Invesco Water Resources ETF (NASDAQ:PHO)

IFP Advisors Inc raised its position in Invesco Water Resources ETF (NASDAQ:PHO) by 945.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 35,447 shares of the company’s stock after purchasing an additional 32,055 shares during the period. IFP Advisors Inc’s holdings in Invesco Water Resources ETF were worth $2,332,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. IHT Wealth Management LLC lifted its position in shares of Invesco Water Resources ETF by 1.9% in the 3rd quarter. IHT Wealth Management LLC now owns 8,251 shares of the company’s stock worth $582,000 after purchasing an additional 151 shares during the period. Principal Securities Inc. increased its stake in shares of Invesco Water Resources ETF by 37.2% in the 4th quarter. Principal Securities Inc. now owns 590 shares of the company’s stock valued at $39,000 after acquiring an additional 160 shares in the last quarter. Raab & Moskowitz Asset Management LLC increased its stake in shares of Invesco Water Resources ETF by 0.3% in the 3rd quarter. Raab & Moskowitz Asset Management LLC now owns 59,898 shares of the company’s stock valued at $4,225,000 after acquiring an additional 180 shares in the last quarter. MML Investors Services LLC increased its stake in shares of Invesco Water Resources ETF by 1.3% in 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 in the last quarter. Finally, Captrust Financial Advisors increased its stake in shares of Invesco Water Resources ETF by 0.8% in 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 in the last quarter.

Invesco Water Resources ETF Stock Up 1.3 %

NASDAQ:PHO opened at $67.09 on Wednesday. The company has a fifty day moving average of $66.96 and a 200-day moving average of $68.71. The firm has a market capitalization of $2.16 billion, a P/E ratio of 26.66 and a beta of 0.96. Invesco Water Resources ETF has a twelve month low of $62.82 and a twelve month high of $72.59.

Invesco Water Resources ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.0923 dividend. The ex-dividend date of this dividend 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.