US Bancorp DE Grows Stock Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

US Bancorp DE lifted its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 14.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,834 shares of the company’s stock after acquiring an additional 1,364 shares during the period. US Bancorp DE’s holdings in Invesco Water Resources ETF were worth $713,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Prism Advisors Inc. grew its stake in Invesco Water Resources ETF by 9.6% during the fourth quarter. Prism Advisors Inc. now owns 206,352 shares of the company’s stock valued at $13,576,000 after acquiring an additional 18,054 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Invesco Water Resources ETF in the 4th quarter valued at $7,366,000. Stifel Financial Corp grew its position in shares of Invesco Water Resources ETF by 5.5% during the 3rd quarter. Stifel Financial Corp now owns 106,627 shares of the company’s stock valued at $7,522,000 after purchasing an additional 5,570 shares in the last quarter. Bedell Frazier Investment Counselling LLC increased its holdings in shares of Invesco Water Resources ETF by 0.7% in the third quarter. Bedell Frazier Investment Counselling LLC now owns 66,021 shares of the company’s stock worth $4,657,000 after purchasing an additional 470 shares during the period. Finally, Raab & Moskowitz Asset Management LLC raised its position in shares of Invesco Water Resources ETF by 0.6% in the fourth quarter. Raab & Moskowitz Asset Management LLC now owns 60,246 shares of the company’s stock worth $3,964,000 after buying an additional 348 shares in the last quarter.

Invesco Water Resources ETF Stock Performance

NASDAQ:PHO opened at $66.69 on Tuesday. Invesco Water Resources ETF has a 52-week low of $62.82 and a 52-week high of $72.59. The stock has a fifty day moving average of $66.99 and a 200 day moving average of $68.63. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 25.82 and a beta of 1.00.

Invesco Water Resources ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.0923 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.