NBC Securities Inc. Has $164,000 Stock Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

NBC Securities Inc. lifted its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 127,200.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,546 shares of the company’s stock after acquiring an additional 2,544 shares during the quarter. NBC Securities Inc.’s holdings in Invesco Water Resources ETF were worth $164,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of PHO. Principal Securities Inc. increased its position in Invesco Water Resources ETF by 37.2% during the fourth quarter. Principal Securities Inc. now owns 590 shares of the company’s stock worth $39,000 after buying an additional 160 shares during the last quarter. Independent Advisor Alliance acquired a new position in Invesco Water Resources ETF during the fourth quarter worth $639,000. Wealthfront Advisers LLC increased its position in Invesco Water Resources ETF by 10.2% during the fourth quarter. Wealthfront Advisers LLC now owns 5,912 shares of the company’s stock worth $389,000 after buying an additional 549 shares during the last quarter. Sanctuary Advisors LLC increased its position in Invesco Water Resources ETF by 22.2% during the fourth quarter. Sanctuary Advisors LLC now owns 4,580 shares of the company’s stock worth $314,000 after buying an additional 832 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new position in Invesco Water Resources ETF during the fourth quarter worth $232,000.

Invesco Water Resources ETF Price Performance

Invesco Water Resources ETF stock opened at $69.51 on Tuesday. The company has a market capitalization of $2.19 billion, a price-to-earnings ratio of 25.09 and a beta of 0.96. Invesco Water Resources ETF has a one year low of $57.11 and a one year high of $72.59. The company’s fifty day moving average price is $65.32 and its two-hundred day moving average price is $66.61.

Invesco Water Resources ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.098 per share. This is an increase from Invesco Water Resources ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, March 24th.

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.