Invesco Water Resources ETF (NASDAQ:PHO) Shares Acquired by Wells Fargo & Company MN

Wells Fargo & Company MN increased its stake in shares of Invesco Water Resources ETF (NASDAQ:PHOFree Report) by 6.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 227,949 shares of the company’s stock after acquiring an additional 14,138 shares during the quarter. Wells Fargo & Company MN owned about 0.71% of Invesco Water Resources ETF worth $13,873,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PHO. McGlone Suttner Wealth Management Inc. purchased a new position in shares of Invesco Water Resources ETF during the fourth quarter worth approximately $25,000. Principal Securities Inc. purchased a new position in Invesco Water Resources ETF during the 4th quarter worth $25,000. Planned Solutions Inc. acquired a new position in Invesco Water Resources ETF in the fourth quarter valued at $35,000. Keener Financial Planning LLC purchased a new stake in shares of Invesco Water Resources ETF in the fourth quarter valued at about $37,000. Finally, BKM Wealth Management LLC acquired a new stake in shares of Invesco Water Resources ETF during the fourth quarter worth about $39,000.

Invesco Water Resources ETF Stock Up 1.3 %

Shares of PHO stock opened at $66.21 on Friday. Invesco Water Resources ETF has a 52-week low of $49.65 and a 52-week high of $68.97. The stock’s 50-day moving average price is $65.93 and its 200 day moving average price is $62.38. The stock has a market capitalization of $2.12 billion, a PE ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a dividend of $0.0629 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.38%. The ex-dividend date was Monday, March 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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