Money Design Co. Ltd. Sells 11,471 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Money Design Co. Ltd. reduced its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 14.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,219 shares of the company’s stock after selling 11,471 shares during the quarter. Money Design Co. Ltd. owned about 0.21% of Invesco Water Resources ETF worth $4,494,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James & Associates lifted its position in Invesco Water Resources ETF by 159.4% in the 3rd 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 in the last quarter. Prism Advisors Inc. raised its stake in shares of Invesco Water Resources ETF by 25.7% in the third quarter. Prism Advisors Inc. now owns 188,298 shares of the company’s stock worth $13,283,000 after purchasing an additional 38,476 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of Invesco Water Resources ETF by 438.0% during the second quarter. Bank of Montreal Can now owns 36,624 shares of the company’s stock valued at $2,501,000 after purchasing an additional 29,816 shares in the last quarter. Prime Capital Investment Advisors LLC purchased a new stake in shares of Invesco Water Resources ETF during the third quarter valued at $1,973,000. Finally, Westwind Capital increased its holdings in Invesco Water Resources ETF by 1,307.8% in the 3rd quarter. Westwind Capital now owns 23,102 shares of the company’s stock worth $1,630,000 after buying an additional 21,461 shares in the last quarter.

Invesco Water Resources ETF Stock Performance

Shares of NASDAQ:PHO opened at $68.46 on Wednesday. The firm has a market cap of $2.21 billion, a price-to-earnings ratio of 37.18 and a beta of 0.96. The business has a 50-day simple moving average of $68.33 and a two-hundred day simple moving average of $68.80. Invesco Water Resources ETF has a fifty-two week low of $59.25 and a fifty-two week high of $72.59.

Invesco Water Resources ETF Announces Dividend

The business 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 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.