Steward Partners Investment Advisory LLC Trims Stock Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

Steward Partners Investment Advisory LLC trimmed its position in Invesco Water Resources ETF (NASDAQ:PHOFree Report) by 9.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,787 shares of the company’s stock after selling 2,158 shares during the period. Steward Partners Investment Advisory LLC owned 0.07% of Invesco Water Resources ETF worth $1,326,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Invesco Water Resources ETF in the fourth quarter worth $25,000. Principal Securities Inc. purchased a new stake in shares of Invesco Water Resources ETF in the fourth quarter worth $25,000. Planned Solutions Inc. purchased a new stake in shares of Invesco Water Resources ETF in the fourth quarter worth $35,000. Keener Financial Planning LLC purchased a new stake in shares of Invesco Water Resources ETF in the fourth quarter worth $37,000. Finally, BKM Wealth Management LLC purchased a new stake in shares of Invesco Water Resources ETF in the fourth quarter worth $39,000.

Invesco Water Resources ETF Price Performance

Invesco Water Resources ETF stock opened at $66.21 on Monday. Invesco Water Resources ETF has a one year low of $49.65 and a one year high of $68.97. The stock has a market capitalization of $2.12 billion, a PE ratio of 37.18 and a beta of 0.96. The business’s fifty day moving average is $65.93 and its 200 day moving average is $62.43.

Invesco Water Resources ETF Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a 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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