3,349 Shares in Invesco Water Resources ETF (NASDAQ:PHO) Purchased by Perigon Wealth Management LLC

Perigon Wealth Management LLC acquired a new stake in Invesco Water Resources ETF (NASDAQ:PHO) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 3,349 shares of the company’s stock, valued at approximately $204,000.

A number of other institutional investors also recently added to or reduced their stakes in PHO. HighTower Advisors LLC boosted 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. lifted 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 period. First Western Trust Bank purchased a new stake in shares of Invesco Water Resources ETF during the 1st quarter worth $215,000. Equitable Holdings Inc. grew its stake in shares of Invesco Water Resources ETF by 7.5% during the 1st quarter. Equitable Holdings Inc. now owns 7,447 shares of the company’s stock worth $395,000 after purchasing an additional 521 shares during the period. Finally, SS&H Financial Advisors Inc. purchased a new position in shares of Invesco Water Resources ETF in the 1st quarter valued at about $382,000.

Invesco Water Resources ETF Stock Down 0.7 %

Shares of NASDAQ PHO opened at $63.04 on Thursday. The firm has a 50-day moving average price of $64.30 and a 200 day moving average price of $59.22. Invesco Water Resources ETF has a 52 week low of $49.65 and a 52 week high of $66.74. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of 34.93 and a beta of 0.96.

Invesco Water Resources ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a dividend of $0.0629 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.40%.

Invesco Water Resources ETF 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.