Diversify Advisory Services LLC Boosts Stake in Invesco Water Resources ETF (NASDAQ:PHO)

Diversify Advisory Services LLC lifted its position in Invesco Water Resources ETF (NASDAQ:PHO) by 28.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,877 shares of the company’s stock after acquiring an additional 869 shares during the period. Diversify Advisory Services LLC’s holdings in Invesco Water Resources ETF were worth $250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco Water Resources ETF by 1.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 56,521 shares of the company’s stock valued at $3,669,000 after acquiring an additional 822 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Invesco Water Resources ETF in the second quarter worth about $422,000. Bank of Montreal Can raised its position in Invesco Water Resources ETF by 438.0% during the second quarter. Bank of Montreal Can now owns 36,624 shares of the company’s stock valued at $2,501,000 after acquiring an additional 29,816 shares in the last quarter. Point72 Europe London LLP acquired a new position in Invesco Water Resources ETF in the second quarter valued at approximately $733,000. Finally, Creative Planning grew its stake in shares of Invesco Water Resources ETF by 2.0% during the 2nd quarter. Creative Planning now owns 58,434 shares of the company’s stock worth $3,793,000 after purchasing an additional 1,120 shares during the period.

Invesco Water Resources ETF Stock Performance

PHO opened at $68.34 on Friday. Invesco Water Resources ETF has a fifty-two week low of $58.80 and a fifty-two week high of $72.59. The company has a fifty day moving average of $68.39 and a two-hundred day moving average of $68.69. The stock has a market capitalization of $2.21 billion, a price-to-earnings ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Dividend Announcement

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

Invesco Water Resources ETF 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.