Farther Finance Advisors LLC Purchases 691 Shares of Invesco Water Resources ETF $PHO

Farther Finance Advisors LLC grew its position in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 84.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,511 shares of the company’s stock after acquiring an additional 691 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco Water Resources ETF were worth $106,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Dynamic Advisor Solutions LLC raised its stake in Invesco Water Resources ETF by 5.9% in the first quarter. Dynamic Advisor Solutions LLC now owns 8,992 shares of the company’s stock worth $580,000 after buying an additional 497 shares in the last quarter. Golden State Wealth Management LLC raised its stake in Invesco Water Resources ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 496 shares of the company’s stock worth $32,000 after buying an additional 248 shares in the last quarter. Fifth Third Bancorp raised its stake in Invesco Water Resources ETF by 11.2% in the first quarter. Fifth Third Bancorp now owns 2,890 shares of the company’s stock worth $186,000 after buying an additional 290 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Invesco Water Resources ETF by 33.3% in the first quarter. Envestnet Asset Management Inc. now owns 43,348 shares of the company’s stock worth $2,797,000 after buying an additional 10,839 shares in the last quarter. Finally, LPL Financial LLC raised its stake in Invesco Water Resources ETF by 10.2% in the first quarter. LPL Financial LLC now owns 826,990 shares of the company’s stock worth $53,357,000 after buying an additional 76,821 shares in the last quarter.

Invesco Water Resources ETF Price Performance

PHO stock opened at $73.10 on Friday. Invesco Water Resources ETF has a 1 year low of $57.11 and a 1 year high of $74.33. The company has a market cap of $2.27 billion, a P/E ratio of 25.38 and a beta of 0.96. The firm has a 50-day moving average of $72.00 and a 200 day moving average of $68.72.

Invesco Water Resources ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a $0.093 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, September 22nd.

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.