Financial Counselors Inc. Invests $200,000 in Invesco Water Resources ETF (NASDAQ:PHO)

Financial Counselors Inc. bought a new position in Invesco Water Resources ETF (NASDAQ:PHO) during the 4th quarter, Holdings Channel.com reports. The firm bought 3,288 shares of the company’s stock, valued at approximately $200,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in PHO. McGlone Suttner Wealth Management Inc. bought a new position in shares of Invesco Water Resources ETF in the fourth quarter worth approximately $25,000. Ronald Blue Trust Inc. bought a new position in shares of Invesco Water Resources ETF in the third quarter worth approximately $28,000. Farther Finance Advisors LLC bought a new position in shares of Invesco Water Resources ETF in the second quarter worth approximately $34,000. Planned Solutions Inc. purchased a new stake in Invesco Water Resources ETF in the fourth quarter worth $35,000. Finally, Live Oak Investment Partners purchased a new stake in Invesco Water Resources ETF in the fourth quarter worth $36,000.

Invesco Water Resources ETF Stock Down 1.1 %

Shares of PHO stock opened at $63.96 on Monday. The stock has a fifty day moving average of $64.12 and a 200 day moving average of $59.05. Invesco Water Resources ETF has a 52 week low of $49.65 and a 52 week high of $66.74. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 34.93 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.0629 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend was Monday, March 18th.

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.