Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by Banco Santander S.A.

Banco Santander S.A. decreased its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 14.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,160 shares of the company’s stock after selling 1,010 shares during the period. Banco Santander S.A.’s holdings in Invesco Water Resources ETF were worth $405,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of Invesco Water Resources ETF in the fourth quarter valued at approximately $34,604,000. Prism Advisors Inc. grew its holdings in Invesco Water Resources ETF by 9.6% in the 4th quarter. Prism Advisors Inc. now owns 206,352 shares of the company’s stock worth $13,576,000 after buying an additional 18,054 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Invesco Water Resources ETF in the 4th quarter valued at approximately $7,366,000. Stifel Financial Corp raised its stake in Invesco Water Resources ETF by 5.5% during the 3rd quarter. Stifel Financial Corp now owns 106,627 shares of the company’s stock valued at $7,522,000 after acquiring an additional 5,570 shares in the last quarter. Finally, Bedell Frazier Investment Counselling LLC boosted its position in Invesco Water Resources ETF by 0.7% during the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 66,021 shares of the company’s stock worth $4,657,000 after acquiring an additional 470 shares during the period.

Invesco Water Resources ETF Stock Performance

NASDAQ:PHO opened at $66.69 on Tuesday. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 25.82 and a beta of 1.00. Invesco Water Resources ETF has a 1 year low of $62.82 and a 1 year high of $72.59. The business has a fifty day moving average of $66.99 and a 200-day moving average of $68.63.

Invesco Water Resources ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0923 per share. 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.