Cambridge Investment Research Advisors Inc. Has $2.01 Million Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

Cambridge Investment Research Advisors Inc. decreased its stake in shares of Invesco Water Resources ETF (NASDAQ:PHOFree Report) by 13.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,176 shares of the company’s stock after selling 4,820 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Invesco Water Resources ETF were worth $2,011,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in PHO. Redwood Park Advisors LLC bought a new stake in Invesco Water Resources ETF during the 4th quarter worth about $25,000. Crowley Wealth Management Inc. acquired a new stake in shares of Invesco Water Resources ETF in the fourth quarter valued at about $26,000. Farther Finance Advisors LLC increased its position in shares of Invesco Water Resources ETF by 219.1% in the first quarter. Farther Finance Advisors LLC now owns 820 shares of the company’s stock valued at $53,000 after acquiring an additional 563 shares during the last quarter. CX Institutional bought a new stake in Invesco Water Resources ETF during the first quarter worth about $65,000. Finally, Ameriflex Group Inc. acquired a new position in Invesco Water Resources ETF during the fourth quarter valued at approximately $66,000.

Invesco Water Resources ETF Stock Up 1.7%

PHO stock opened at $71.11 on Wednesday. The company has a market cap of $2.24 billion, a price-to-earnings ratio of 24.50 and a beta of 0.96. Invesco Water Resources ETF has a twelve month low of $57.11 and a twelve month high of $72.59. The business has a 50 day moving average price of $67.86 and a two-hundred day moving average price of $66.42.

Invesco Water Resources ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were issued a dividend of $0.1063 per share. This represents a $0.43 dividend on an annualized basis and a yield of 0.60%. This is an increase from Invesco Water Resources ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Monday, June 23rd.

About Invesco Water Resources ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Water Resources ETF (NASDAQ:PHO)

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