Sanctuary Advisors LLC Increases Stock Position in Invesco Water Resources ETF (NASDAQ:PHO)

Sanctuary Advisors LLC increased its position in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 22.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,580 shares of the company’s stock after buying an additional 832 shares during the quarter. Sanctuary Advisors LLC’s holdings in Invesco Water Resources ETF were worth $314,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. IHT Wealth Management LLC boosted its holdings in Invesco Water Resources ETF by 1.9% during the third quarter. IHT Wealth Management LLC now owns 8,251 shares of the company’s stock worth $582,000 after buying an additional 151 shares in the last quarter. Principal Securities Inc. boosted its holdings in 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 in the last quarter. Raab & Moskowitz Asset Management LLC boosted its holdings in Invesco Water Resources ETF by 0.3% during the third 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 boosted its holdings in Invesco Water Resources ETF by 1.3% during the third quarter. MML Investors Services LLC now owns 14,625 shares of the company’s stock worth $1,032,000 after buying an additional 181 shares in the last quarter. Finally, Captrust Financial Advisors raised its position in Invesco Water Resources ETF by 0.8% during the third quarter. Captrust Financial Advisors now owns 22,492 shares of the company’s stock worth $1,587,000 after acquiring an additional 189 shares during the period.

Invesco Water Resources ETF Stock Performance

NASDAQ:PHO opened at $66.55 on Tuesday. The company has a fifty day moving average of $67.00 and a two-hundred day moving average of $68.70. The stock has a market capitalization of $2.15 billion, a PE ratio of 26.66 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 Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0923 per share. 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.