Invesco Water Resources ETF (NASDAQ:PHO) Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its holdings in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 10.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,698 shares of the company’s stock after buying an additional 1,418 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco Water Resources ETF were worth $784,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Advisors Preferred LLC acquired a new position in shares of Invesco Water Resources ETF during the first quarter worth $25,000. Operose Advisors LLC acquired a new position in shares of Invesco Water Resources ETF during the first quarter worth $27,000. Live Oak Investment Partners acquired a new position in shares of Invesco Water Resources ETF during the fourth quarter worth $36,000. Credit Suisse AG acquired a new position in shares of Invesco Water Resources ETF during the second quarter worth $55,000. Finally, Trust Co. of Vermont acquired a new position in shares of Invesco Water Resources ETF during the fourth quarter worth $103,000.

Invesco Water Resources ETF Trading Up 1.0 %

NASDAQ PHO opened at $56.06 on Monday. The company’s fifty day simple moving average is $56.60 and its 200-day simple moving average is $54.22. Invesco Water Resources ETF has a 52 week low of $44.72 and a 52 week high of $58.45. The stock has a market cap of $1.86 billion, a P/E ratio of 22.98 and a beta of 0.96.

Invesco Water Resources ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 23rd. Stockholders of record on Wednesday, June 21st were given a dividend of $0.1161 per share. The ex-dividend date was Tuesday, June 20th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.83%.

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.