Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by Financial Services Advisory Inc

Financial Services Advisory Inc lessened its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 1.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,395 shares of the company’s stock after selling 195 shares during the quarter. Financial Services Advisory Inc’s holdings in Invesco Water Resources ETF were worth $945,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. James Investment Research Inc. purchased a new stake in Invesco Water Resources ETF during the third quarter worth $225,000. Gladstone Institutional Advisory LLC increased its holdings in Invesco Water Resources ETF by 31.3% in the third quarter. Gladstone Institutional Advisory LLC now owns 4,914 shares of the company’s stock valued at $347,000 after buying an additional 1,170 shares in the last quarter. O ROURKE & COMPANY Inc raised its position in shares of Invesco Water Resources ETF by 0.8% in the third quarter. O ROURKE & COMPANY Inc now owns 29,111 shares of the company’s stock worth $2,053,000 after acquiring an additional 227 shares during the period. JFS Wealth Advisors LLC boosted its stake in shares of Invesco Water Resources ETF by 24.9% during the 3rd quarter. JFS Wealth Advisors LLC now owns 4,771 shares of the company’s stock worth $337,000 after acquiring an additional 951 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of Invesco Water Resources ETF during the 3rd quarter valued at about $209,000.

Invesco Water Resources ETF Stock Up 2.4 %

Shares of Invesco Water Resources ETF stock opened at $72.10 on Thursday. The firm has a market cap of $2.35 billion, a PE ratio of 37.18 and a beta of 0.96. The business has a 50-day moving average price of $69.32 and a 200 day moving average price of $67.66. Invesco Water Resources ETF has a twelve month low of $52.40 and a twelve month high of $72.59.

Invesco Water Resources ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 0.28%.

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.