Invesco Water Resources ETF (NASDAQ:PHO) Shares Bought by Prism Advisors Inc.

Prism Advisors Inc. boosted its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 9.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 206,352 shares of the company’s stock after acquiring an additional 18,054 shares during the quarter. Invesco Water Resources ETF accounts for approximately 4.1% of Prism Advisors Inc.’s portfolio, making the stock its 10th largest position. Prism Advisors Inc.’s holdings in Invesco Water Resources ETF were worth $13,576,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. IHT Wealth Management LLC increased its stake in shares of Invesco Water Resources ETF by 1.9% in the 3rd quarter. IHT Wealth Management LLC now owns 8,251 shares of the company’s stock valued at $582,000 after acquiring an additional 151 shares during the last quarter. Raab & Moskowitz Asset Management LLC grew its holdings in shares of Invesco Water Resources ETF by 0.3% in the 3rd quarter. Raab & Moskowitz Asset Management LLC now owns 59,898 shares of the company’s stock valued at $4,225,000 after buying an additional 180 shares during the period. MML Investors Services LLC increased its position in shares of Invesco Water Resources ETF by 1.3% in the 3rd quarter. MML Investors Services LLC now owns 14,625 shares of the company’s stock valued at $1,032,000 after buying an additional 181 shares in the last quarter. Captrust Financial Advisors lifted its holdings in Invesco Water Resources ETF by 0.8% during the third quarter. Captrust Financial Advisors now owns 22,492 shares of the company’s stock worth $1,587,000 after acquiring an additional 189 shares in the last quarter. Finally, O ROURKE & COMPANY Inc lifted its holdings in Invesco Water Resources ETF by 0.8% during 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 in the last quarter.

Invesco Water Resources ETF Price Performance

Shares of Invesco Water Resources ETF stock opened at $67.75 on Monday. The company has a market capitalization of $2.19 billion, a P/E ratio of 37.18 and a beta of 0.96. The business has a 50-day moving average of $68.37 and a two-hundred day moving average of $68.77. Invesco Water Resources ETF has a 1 year low of $59.05 and a 1 year high of $72.59.

Invesco Water Resources ETF Dividend Announcement

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

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.