Cerity Partners LLC Increases Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

Cerity Partners LLC lifted its position in Invesco Water Resources ETF (NASDAQ:PHO) by 27.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 57,126 shares of the company’s stock after purchasing an additional 12,336 shares during the quarter. Cerity Partners LLC’s holdings in Invesco Water Resources ETF were worth $3,476,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of PHO. McGlone Suttner Wealth Management Inc. purchased a new position in Invesco Water Resources ETF during the fourth quarter valued at approximately $25,000. Ronald Blue Trust Inc. purchased a new position in Invesco Water Resources ETF during the third quarter valued at approximately $28,000. Planned Solutions Inc. purchased a new position in Invesco Water Resources ETF during the fourth quarter valued at approximately $35,000. Live Oak Investment Partners purchased a new position in Invesco Water Resources ETF during the fourth quarter valued at approximately $36,000. Finally, Keener Financial Planning LLC purchased a new position in Invesco Water Resources ETF during the fourth quarter valued at approximately $37,000.

Invesco Water Resources ETF Trading Down 0.7 %

Shares of PHO stock opened at $63.04 on Thursday. The stock has a 50 day moving average of $64.30 and a 200 day moving average of $59.22. The stock has a market cap of $2.01 billion, a P/E ratio of 34.93 and a beta of 0.96. Invesco Water Resources ETF has a twelve month low of $49.65 and a twelve month high of $66.74.

Invesco Water Resources ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a $0.0629 dividend. This represents a $0.25 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend was Monday, March 18th.

About Invesco Water Resources ETF

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.