Equitable Trust Co. Cuts Position in Invesco Water Resources ETF (NASDAQ:PHO)

Equitable Trust Co. decreased its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,789 shares of the company’s stock after selling 271 shares during the quarter. Equitable Trust Co.’s holdings in Invesco Water Resources ETF were worth $973,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the business. Wingate Wealth Advisors Inc. purchased a new position in Invesco Water Resources ETF in the fourth quarter worth $33,000. Strategic Financial Concepts LLC purchased a new position in shares of Invesco Water Resources ETF in the fourth quarter valued at $1,731,000. Prism Advisors Inc. increased its position in shares of Invesco Water Resources ETF by 9.6% in the fourth quarter. Prism Advisors Inc. now owns 206,352 shares of the company’s stock valued at $13,576,000 after buying an additional 18,054 shares in the last quarter. PFG Investments LLC increased its position in shares of Invesco Water Resources ETF by 2.8% in the fourth quarter. PFG Investments LLC now owns 18,824 shares of the company’s stock valued at $1,238,000 after buying an additional 505 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its position in shares of Invesco Water Resources ETF by 11.1% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 8,495 shares of the company’s stock valued at $559,000 after buying an additional 846 shares in the last quarter.

Invesco Water Resources ETF Stock Up 0.5 %

Shares of PHO stock opened at $67.54 on Tuesday. Invesco Water Resources ETF has a fifty-two week low of $61.05 and a fifty-two week high of $72.59. The stock has a market cap of $2.18 billion, a P/E ratio of 37.18 and a beta of 0.96. The business has a fifty day simple moving average of $67.71 and a 200-day simple moving average of $68.77.

Invesco Water Resources ETF Dividend Announcement

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