D.A. Davidson & CO. Buys 7,426 Shares of Invesco Water Resources ETF $PHO

D.A. Davidson & CO. increased its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 46.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,297 shares of the company’s stock after purchasing an additional 7,426 shares during the period. D.A. Davidson & CO. owned approximately 0.08% of Invesco Water Resources ETF worth $1,680,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of PHO. Crowley Wealth Management Inc. increased its holdings in Invesco Water Resources ETF by 11.5% in the 2nd quarter. Crowley Wealth Management Inc. now owns 1,450 shares of the company’s stock valued at $101,000 after buying an additional 150 shares during the period. TD Private Client Wealth LLC boosted its position in shares of Invesco Water Resources ETF by 2.2% during the 2nd quarter. TD Private Client Wealth LLC now owns 8,424 shares of the company’s stock worth $589,000 after acquiring an additional 185 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of Invesco Water Resources ETF by 0.8% during the 2nd quarter. Captrust Financial Advisors now owns 24,677 shares of the company’s stock worth $1,725,000 after acquiring an additional 195 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Invesco Water Resources ETF by 20.7% in the third quarter. Farther Finance Advisors LLC now owns 1,824 shares of the company’s stock valued at $132,000 after acquiring an additional 313 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in Invesco Water Resources ETF by 79.3% in the third quarter. Blue Trust Inc. now owns 746 shares of the company’s stock valued at $54,000 after acquiring an additional 330 shares during the last quarter.

Invesco Water Resources ETF Price Performance

NASDAQ PHO opened at $72.95 on Friday. The business has a fifty day moving average price of $71.56 and a two-hundred day moving average price of $71.79. The stock has a market capitalization of $2.17 billion, a PE ratio of 25.38 and a beta of 1.02. Invesco Water Resources ETF has a fifty-two week low of $57.11 and a fifty-two week high of $74.93.

Invesco Water Resources ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.0833 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, December 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. The Fund invests in the sector such, such as industrials, utilities, healthcare, information technology and materials.