Foundations Investment Advisors LLC Has $585,000 Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

Foundations Investment Advisors LLC trimmed its position in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 28.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,298 shares of the company’s stock after selling 3,324 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Invesco Water Resources ETF were worth $585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Venture Visionary Partners LLC grew its position in Invesco Water Resources ETF by 9.4% in the third quarter. Venture Visionary Partners LLC now owns 5,828 shares of the company’s stock worth $411,000 after acquiring an additional 500 shares in the last quarter. McClarren Financial Advisors Inc. lifted its stake in shares of Invesco Water Resources ETF by 424.0% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 676 shares of the company’s stock valued at $48,000 after purchasing an additional 547 shares during the last quarter. Columbus Macro LLC bought a new stake in Invesco Water Resources ETF in the third quarter worth $471,000. Key Client Fiduciary Advisors LLC acquired a new position in Invesco Water Resources ETF during the third quarter worth $217,000. Finally, Raymond James & Associates raised its holdings in Invesco Water Resources ETF by 159.4% during the third quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock valued at $21,323,000 after buying an additional 185,770 shares in the last quarter.

Invesco Water Resources ETF Price Performance

Shares of NASDAQ:PHO opened at $68.62 on Friday. The stock has a market capitalization of $2.24 billion, a P/E ratio of 37.18 and a beta of 0.96. The business has a 50-day moving average of $69.26 and a two-hundred day moving average of $67.33. Invesco Water Resources ETF has a fifty-two week low of $49.65 and a fifty-two week high of $71.47.

Invesco Water Resources ETF Cuts Dividend

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

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.