Van ECK Associates Corp Buys 6,196 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Van ECK Associates Corp lifted its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 49.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,680 shares of the company’s stock after acquiring an additional 6,196 shares during the period. Van ECK Associates Corp’s holdings in Invesco Water Resources ETF were worth $1,229,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Creative Planning grew its position in Invesco Water Resources ETF by 0.5% in the third quarter. Creative Planning now owns 58,728 shares of the company’s stock valued at $4,143,000 after purchasing an additional 294 shares in the last quarter. Raymond James & Associates lifted its stake in Invesco Water Resources ETF by 159.4% in the third quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock valued at $21,323,000 after acquiring an additional 185,770 shares during the last quarter. Beese Fulmer Investment Management Inc. acquired a new stake in Invesco Water Resources ETF in the third quarter valued at $214,000. Wealth Enhancement Advisory Services LLC lifted its stake in Invesco Water Resources ETF by 15.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 24,886 shares of the company’s stock valued at $1,755,000 after acquiring an additional 3,302 shares during the last quarter. Finally, Bristlecone Advisors LLC acquired a new stake in Invesco Water Resources ETF in the third quarter valued at $73,000.

Invesco Water Resources ETF Price Performance

Shares of PHO stock opened at $66.28 on Friday. The stock has a market cap of $2.13 billion, a P/E ratio of 26.66 and a beta of 1.00. The company has a fifty day moving average price of $67.06 and a two-hundred day moving average price of $68.68. Invesco Water Resources ETF has a one year low of $62.82 and a one year high of $72.59.

Invesco Water Resources ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.0923 dividend. The ex-dividend date was Monday, December 23rd.

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.