3,500 Shares in Invesco Water Resources ETF (NASDAQ:PHO) Purchased by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB purchased a new position in Invesco Water Resources ETF (NASDAQ:PHO) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,500 shares of the company’s stock, valued at approximately $247,000.

Several other institutional investors have also modified their holdings of PHO. Raymond James & Associates lifted its stake in shares of Invesco Water Resources ETF by 159.4% in the third quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock worth $21,323,000 after acquiring an additional 185,770 shares in the last quarter. LPL Financial LLC increased its holdings in Invesco Water Resources ETF by 17.9% in the second quarter. LPL Financial LLC now owns 668,590 shares of the company’s stock valued at $43,398,000 after buying an additional 101,342 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Invesco Water Resources ETF by 64.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 160,830 shares of the company’s stock valued at $10,439,000 after buying an additional 63,104 shares during the last quarter. Prism Advisors Inc. increased its holdings in Invesco Water Resources ETF by 25.7% in the third quarter. Prism Advisors Inc. now owns 188,298 shares of the company’s stock valued at $13,283,000 after buying an additional 38,476 shares during the last quarter. Finally, Bank of Montreal Can increased its holdings in Invesco Water Resources ETF by 438.0% in the second quarter. Bank of Montreal Can now owns 36,624 shares of the company’s stock valued at $2,501,000 after buying an additional 29,816 shares during the last quarter.

Invesco Water Resources ETF Stock Down 0.9 %

Shares of Invesco Water Resources ETF stock opened at $68.73 on Wednesday. The firm has a market cap of $2.24 billion, a P/E ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a fifty-two week low of $58.32 and a fifty-two week high of $72.59. The business has a 50-day moving average price of $70.39 and a 200 day moving average price of $68.50.

Invesco Water Resources ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.29%. The ex-dividend date of this dividend was Monday, September 23rd.

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.