Invesco Water Resources ETF (NASDAQ:PHO) Shares Bought by Fifth Third Bancorp

Fifth Third Bancorp raised its position in Invesco Water Resources ETF (NASDAQ:PHO) by 11.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,890 shares of the company’s stock after acquiring an additional 290 shares during the period. Fifth Third Bancorp’s holdings in Invesco Water Resources ETF were worth $186,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. RWA Wealth Partners LLC lifted its stake in shares of Invesco Water Resources ETF by 3.6% in the 4th quarter. RWA Wealth Partners LLC now owns 4,306 shares of the company’s stock worth $283,000 after acquiring an additional 151 shares during the period. Snowden Capital Advisors LLC lifted its stake in shares of Invesco Water Resources ETF by 1.3% in the 4th quarter. Snowden Capital Advisors LLC now owns 12,585 shares of the company’s stock worth $828,000 after acquiring an additional 159 shares during the period. Principal Securities Inc. lifted its stake in shares of Invesco Water Resources ETF by 37.2% in the 4th quarter. Principal Securities Inc. now owns 590 shares of the company’s stock worth $39,000 after acquiring an additional 160 shares during the period. Stamos Capital Partners L.P. lifted its stake in shares of Invesco Water Resources ETF by 5.3% in the 4th quarter. Stamos Capital Partners L.P. now owns 3,780 shares of the company’s stock worth $249,000 after acquiring an additional 190 shares during the period. Finally, Pacific Sun Financial Corp increased its holdings in shares of Invesco Water Resources ETF by 3.9% in the 4th quarter. Pacific Sun Financial Corp now owns 7,013 shares of the company’s stock valued at $461,000 after purchasing an additional 260 shares in the last quarter.

Invesco Water Resources ETF Stock Up 0.0%

Shares of PHO opened at $68.21 on Friday. The company has a 50-day simple moving average of $66.65 and a 200-day simple moving average of $66.52. The company has a market capitalization of $2.13 billion, a PE ratio of 24.50 and a beta of 1.00. Invesco Water Resources ETF has a 52-week low of $57.11 and a 52-week high of $72.59.

Invesco Water Resources ETF Increases Dividend

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

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.