Aspect Partners LLC Buys New Shares in Invesco Water Resources ETF $PHO

Aspect Partners LLC bought a new position in shares of Invesco Water Resources ETF (NASDAQ:PHO) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,000 shares of the company’s stock, valued at approximately $210,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. bought a new position in shares of Invesco Water Resources ETF during the 1st quarter worth about $25,000. Costello Asset Management INC acquired a new position in Invesco Water Resources ETF during the 1st quarter worth approximately $26,000. Garde Capital Inc. bought a new position in Invesco Water Resources ETF in the second quarter worth approximately $32,000. Keener Financial Planning LLC bought a new position in Invesco Water Resources ETF in the second quarter worth approximately $41,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Invesco Water Resources ETF in the first quarter valued at approximately $46,000.

Invesco Water Resources ETF Stock Down 0.8%

NASDAQ PHO opened at $71.64 on Friday. Invesco Water Resources ETF has a 52 week low of $57.11 and a 52 week high of $74.93. The business has a 50 day moving average price of $72.38 and a 200-day moving average price of $70.42. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 25.38 and a beta of 1.02.

Invesco Water Resources ETF Cuts Dividend

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

Invesco Water Resources ETF Company 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.