AE Wealth Management LLC Buys 1,722 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

AE Wealth Management LLC raised its stake in Invesco Water Resources ETF (NASDAQ:PHOGet Rating) by 29.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,490 shares of the company’s stock after purchasing an additional 1,722 shares during the period. AE Wealth Management LLC’s holdings in Invesco Water Resources ETF were worth $343,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. 1832 Asset Management L.P. boosted its holdings in Invesco Water Resources ETF by 351,469.0% in the 1st quarter. 1832 Asset Management L.P. now owns 703,138 shares of the company’s stock valued at $36,768,000 after purchasing an additional 702,938 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Invesco Water Resources ETF by 5.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 390,190 shares of the company’s stock valued at $18,034,000 after purchasing an additional 20,076 shares during the period. CWM LLC boosted its holdings in Invesco Water Resources ETF by 144.0% in the 2nd quarter. CWM LLC now owns 266,524 shares of the company’s stock valued at $12,319,000 after purchasing an additional 157,305 shares during the period. Cetera Advisor Networks LLC lifted its holdings in shares of Invesco Water Resources ETF by 1.6% during the 2nd quarter. Cetera Advisor Networks LLC now owns 139,045 shares of the company’s stock worth $6,427,000 after acquiring an additional 2,233 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Invesco Water Resources ETF by 16.6% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 132,304 shares of the company’s stock worth $6,053,000 after acquiring an additional 18,834 shares during the period.

Invesco Water Resources ETF Stock Up 0.4 %

NASDAQ:PHO opened at $54.29 on Tuesday. The company has a 50-day moving average of $52.32 and a 200-day moving average of $50.38. Invesco Water Resources ETF has a 52 week low of $43.22 and a 52 week high of $55.97.

Invesco Water Resources ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 23rd. Stockholders of record on Tuesday, December 20th were issued a dividend of $0.133 per share. This represents a $0.53 dividend on an annualized basis and a dividend yield of 0.98%. This is an increase from Invesco Water Resources ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Monday, December 19th.

About Invesco Water Resources ETF

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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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