RWA Wealth Partners LLC Takes $253,000 Position in Invesco Water Resources ETF (NASDAQ:PHO)

RWA Wealth Partners LLC bought a new stake in Invesco Water Resources ETF (NASDAQ:PHO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,162 shares of the company’s stock, valued at approximately $253,000.

Several other hedge funds have also recently added to or reduced their stakes in PHO. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Invesco Water Resources ETF during the fourth quarter worth about $25,000. Planned Solutions Inc. bought a new position in shares of Invesco Water Resources ETF during the fourth quarter worth about $35,000. Keener Financial Planning LLC bought a new position in shares of Invesco Water Resources ETF during the fourth quarter worth about $37,000. BKM Wealth Management LLC bought a new position in shares of Invesco Water Resources ETF during the fourth quarter worth about $39,000. Finally, Signaturefd LLC grew its holdings in shares of Invesco Water Resources ETF by 27.6% during the third quarter. Signaturefd LLC now owns 1,485 shares of the company’s stock worth $79,000 after buying an additional 321 shares in the last quarter.

Invesco Water Resources ETF Stock Up 0.0 %

PHO stock opened at $64.65 on Friday. The business has a 50 day moving average price of $64.52 and a two-hundred day moving average price of $59.65. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 34.93 and a beta of 0.96. Invesco Water Resources ETF has a twelve month low of $49.65 and a twelve month high of $66.74.

Invesco Water Resources ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a $0.0629 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.25 dividend on an annualized basis and a yield of 0.39%.

Invesco Water Resources ETF Company 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.