Truist Financial Corp Buys 2,376 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Truist Financial Corp boosted its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 4.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 51,422 shares of the company’s stock after buying an additional 2,376 shares during the period. Truist Financial Corp owned approximately 0.16% of Invesco Water Resources ETF worth $3,130,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Invesco Water Resources ETF by 2.9% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 142,054 shares of the company’s stock worth $7,554,000 after buying an additional 3,976 shares in the last quarter. Stratos Wealth Partners LTD. increased its position in Invesco Water Resources ETF by 6.3% during the third quarter. Stratos Wealth Partners LTD. now owns 8,638 shares of the company’s stock worth $459,000 after acquiring an additional 513 shares during the period. TIAA Trust National Association acquired a new stake in Invesco Water Resources ETF in the 3rd quarter worth about $382,000. Bogart Wealth LLC boosted its holdings in Invesco Water Resources ETF by 1.3% in the 3rd quarter. Bogart Wealth LLC now owns 33,731 shares of the company’s stock valued at $1,794,000 after purchasing an additional 429 shares during the period. Finally, Cook Wealth Management Group LLC grew its position in shares of Invesco Water Resources ETF by 30.0% during the 3rd quarter. Cook Wealth Management Group LLC now owns 7,487 shares of the company’s stock worth $377,000 after purchasing an additional 1,728 shares in the last quarter.

Invesco Water Resources ETF Trading Up 0.5 %

NASDAQ PHO opened at $67.16 on Wednesday. The company has a market cap of $2.15 billion, a price-to-earnings ratio of 34.90 and a beta of 0.96. The company has a 50 day moving average of $64.90 and a 200-day moving average of $60.47. Invesco Water Resources ETF has a 1-year low of $49.65 and a 1-year high of $67.31.

Invesco Water Resources ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a dividend of $0.0629 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.37%.

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.