Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC reduced its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 7.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 29,786 shares of the company’s stock after selling 2,317 shares during the period. Private Advisor Group LLC’s holdings in Invesco Water Resources ETF were worth $1,960,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Invesco Water Resources ETF during the third quarter worth $54,000. Glenmede Trust Co. NA boosted its holdings in Invesco Water Resources ETF by 8.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 21,400 shares of the company’s stock valued at $1,510,000 after acquiring an additional 1,600 shares during the period. JPMorgan Chase & Co. grew its position in Invesco Water Resources ETF by 44.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 50,234 shares of the company’s stock valued at $3,544,000 after acquiring an additional 15,339 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Invesco Water Resources ETF by 2.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 28,678 shares of the company’s stock worth $1,887,000 after purchasing an additional 724 shares during the period. Finally, Cerity Partners LLC lifted its position in shares of Invesco Water Resources ETF by 1.6% during the third quarter. Cerity Partners LLC now owns 56,842 shares of the company’s stock worth $4,010,000 after purchasing an additional 904 shares in the last quarter.

Invesco Water Resources ETF Stock Performance

Shares of PHO stock opened at $67.09 on Wednesday. Invesco Water Resources ETF has a fifty-two week low of $62.82 and a fifty-two week high of $72.59. The company has a 50 day moving average price of $66.96 and a 200 day moving average price of $68.71. The stock has a market capitalization of $2.16 billion, a P/E ratio of 26.66 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

The firm 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 of this dividend 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.