Edmond DE Rothschild Holding S.A. acquired a new stake in Invesco Water Resources ETF (NASDAQ:PHO – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 12,950 shares of the company’s stock, valued at approximately $852,000.
Several other institutional investors also recently bought and sold shares of the company. Crowley Wealth Management Inc. acquired a new position in Invesco Water Resources ETF during the 4th quarter worth approximately $26,000. Wingate Wealth Advisors Inc. purchased a new stake in shares of Invesco Water Resources ETF in the fourth quarter valued at approximately $33,000. Sunbelt Securities Inc. acquired a new position in Invesco Water Resources ETF during the third quarter worth $36,000. Kestra Investment Management LLC purchased a new position in Invesco Water Resources ETF in the fourth quarter worth $37,000. Finally, Principal Securities Inc. lifted its holdings in Invesco Water Resources ETF by 37.2% in the fourth quarter. Principal Securities Inc. now owns 590 shares of the company’s stock valued at $39,000 after acquiring an additional 160 shares during the period.
Invesco Water Resources ETF Stock Up 0.4 %
NASDAQ:PHO opened at $64.78 on Wednesday. The firm’s fifty day simple moving average is $66.59 and its 200-day simple moving average is $68.24. The stock has a market cap of $2.09 billion, a PE ratio of 25.16 and a beta of 0.96. Invesco Water Resources ETF has a fifty-two week low of $62.82 and a fifty-two week high of $72.59.
Invesco Water Resources ETF Increases Dividend
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.
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