Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 26.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 240,781 shares of the company’s stock after selling 88,820 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.75% of Invesco Water Resources ETF worth $15,841,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in PHO. IHT Wealth Management LLC increased its holdings 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 acquiring an additional 151 shares during the period. Principal Securities Inc. boosted its position in shares of Invesco Water Resources ETF by 37.2% during the fourth quarter. Principal Securities Inc. now owns 590 shares of the company’s stock worth $39,000 after buying an additional 160 shares during the period. Raab & Moskowitz Asset Management LLC grew its holdings in 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 worth $4,225,000 after buying an additional 180 shares in the last quarter. MML Investors Services LLC increased its position in 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 during the period. Finally, Captrust Financial Advisors raised its stake in 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 in the last quarter.

Invesco Water Resources ETF Stock Performance

Shares of PHO stock opened at $65.50 on Tuesday. Invesco Water Resources ETF has a 1 year low of $62.82 and a 1 year high of $72.59. The firm has a market capitalization of $2.11 billion, a PE ratio of 25.82 and a beta of 0.96. The stock has a fifty day moving average of $66.91 and a two-hundred day moving average of $68.45.

Invesco Water Resources ETF Announces Dividend

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