UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Takes Position in Invesco Water Resources ETF (NASDAQ:PHO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Invesco Water Resources ETF (NASDAQ:PHO) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 761 shares of the company’s stock, valued at approximately $54,000.

Several other large investors have also recently bought and sold shares of PHO. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Invesco Water Resources ETF during the 2nd quarter worth approximately $25,000. Larson Financial Group LLC bought a new position in Invesco Water Resources ETF in the second quarter worth $34,000. Rothschild Investment LLC acquired a new stake in Invesco Water Resources ETF during the second quarter worth $42,000. McClarren Financial Advisors Inc. increased its holdings in Invesco Water Resources ETF by 424.0% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 676 shares of the company’s stock valued at $48,000 after buying an additional 547 shares during the period. Finally, Kennebec Savings Bank bought a new stake in Invesco Water Resources ETF in the 3rd quarter valued at $60,000.

Invesco Water Resources ETF Trading Up 0.9 %

PHO stock opened at $66.60 on Friday. Invesco Water Resources ETF has a 1-year low of $58.32 and a 1-year high of $72.59. The business’s 50 day moving average is $70.15 and its 200-day moving average is $68.49. The firm has a market cap of $2.17 billion, a P/E ratio of 37.18 and a beta of 0.96.

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.