D.A. Davidson & CO. Acquires 502 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

D.A. Davidson & CO. grew its holdings in Invesco Water Resources ETF (NASDAQ:PHOFree Report) by 1.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,588 shares of the company’s stock after buying an additional 502 shares during the quarter. D.A. Davidson & CO. owned approximately 0.08% of Invesco Water Resources ETF worth $1,414,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PHO. HighTower Advisors LLC increased its stake in shares of Invesco Water Resources ETF by 2.2% in the first quarter. HighTower Advisors LLC now owns 32,263 shares of the company’s stock valued at $1,716,000 after buying an additional 685 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in Invesco Water Resources ETF by 5.3% in the first quarter. Baird Financial Group Inc. now owns 29,307 shares of the company’s stock valued at $1,554,000 after acquiring an additional 1,474 shares during the last quarter. First Western Trust Bank bought a new position in Invesco Water Resources ETF in the first quarter valued at about $215,000. Equitable Holdings Inc. boosted its holdings in Invesco Water Resources ETF by 7.5% in the first quarter. Equitable Holdings Inc. now owns 7,447 shares of the company’s stock valued at $395,000 after acquiring an additional 521 shares during the last quarter. Finally, SS&H Financial Advisors Inc. bought a new position in Invesco Water Resources ETF in the first quarter valued at about $382,000.

Invesco Water Resources ETF Stock Up 0.5 %

Invesco Water Resources ETF stock opened at $62.20 on Friday. The business’s 50-day simple moving average is $59.58 and its 200 day simple moving average is $56.37. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 22.98 and a beta of 0.96. Invesco Water Resources ETF has a 12-month low of $49.65 and a 12-month high of $62.30.

Invesco Water Resources ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Investors of record on Tuesday, December 19th were issued a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend was Monday, December 18th.

About Invesco Water Resources ETF

(Free Report)

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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