Transform Wealth LLC Boosts Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

Transform Wealth LLC increased its position in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 43.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,907 shares of the company’s stock after purchasing an additional 1,484 shares during the quarter. Transform Wealth LLC’s holdings in Invesco Water Resources ETF were worth $323,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. purchased a new stake in Invesco Water Resources ETF in the third quarter valued at $36,000. McClarren Financial Advisors Inc. raised its holdings in Invesco Water Resources ETF by 424.0% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 676 shares of the company’s stock valued at $48,000 after buying an additional 547 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Invesco Water Resources ETF in the 3rd quarter valued at about $54,000. Kennebec Savings Bank acquired a new position in Invesco Water Resources ETF in the third quarter valued at about $60,000. Finally, Bristlecone Advisors LLC purchased a new position in Invesco Water Resources ETF during the third quarter worth about $73,000.

Invesco Water Resources ETF Stock Performance

Invesco Water Resources ETF stock opened at $68.75 on Wednesday. The company’s 50 day simple moving average is $68.47 and its 200-day simple moving average is $68.69. Invesco Water Resources ETF has a 1 year low of $58.80 and a 1 year high of $72.59. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0923 per share. The ex-dividend date was Monday, December 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.