Dynamic Advisor Solutions LLC Buys 497 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Dynamic Advisor Solutions LLC boosted its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 5.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,992 shares of the company’s stock after acquiring an additional 497 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Invesco Water Resources ETF were worth $580,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PHO. RWA Wealth Partners LLC boosted its position in shares of Invesco Water Resources ETF by 3.6% during the 4th quarter. RWA Wealth Partners LLC now owns 4,306 shares of the company’s stock valued at $283,000 after purchasing an additional 151 shares in the last quarter. Snowden Capital Advisors LLC lifted its stake in Invesco Water Resources ETF by 1.3% in the fourth quarter. Snowden Capital Advisors LLC now owns 12,585 shares of the company’s stock valued at $828,000 after buying an additional 159 shares during the period. Principal Securities Inc. boosted its holdings in shares of Invesco Water Resources ETF by 37.2% during the 4th quarter. Principal Securities Inc. now owns 590 shares of the company’s stock worth $39,000 after buying an additional 160 shares in the last quarter. Stamos Capital Partners L.P. boosted its holdings in shares of Invesco Water Resources ETF by 5.3% during the 4th quarter. Stamos Capital Partners L.P. now owns 3,780 shares of the company’s stock worth $249,000 after buying an additional 190 shares in the last quarter. Finally, Pacific Sun Financial Corp grew its position in shares of Invesco Water Resources ETF by 3.9% during the 4th quarter. Pacific Sun Financial Corp now owns 7,013 shares of the company’s stock worth $461,000 after buying an additional 260 shares during the period.

Invesco Water Resources ETF Stock Up 0.0%

NASDAQ:PHO opened at $68.21 on Thursday. Invesco Water Resources ETF has a twelve month low of $57.11 and a twelve month high of $72.59. The company has a fifty day moving average of $66.51 and a 200-day moving average of $66.55. The firm has a market capitalization of $2.15 billion, a P/E ratio of 25.09 and a beta of 0.96.

Invesco Water Resources ETF Increases Dividend

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

Invesco Water Resources ETF Profile

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.