Invesco Water Resources ETF (NASDAQ:PHO) Shares Purchased by SOA Wealth Advisors LLC.

SOA Wealth Advisors LLC. lifted its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 6,246.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,674 shares of the company’s stock after acquiring an additional 63,655 shares during the quarter. SOA Wealth Advisors LLC. owned 0.20% of Invesco Water Resources ETF worth $4,173,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PHO. Lpwm LLC lifted its holdings in Invesco Water Resources ETF by 8.6% during the first quarter. Lpwm LLC now owns 4,875 shares of the company’s stock valued at $315,000 after purchasing an additional 388 shares in the last quarter. Secure Asset Management LLC lifted its stake in shares of Invesco Water Resources ETF by 82.3% in the first quarter. Secure Asset Management LLC now owns 9,918 shares of the company’s stock worth $640,000 after buying an additional 4,477 shares in the last quarter. NBC Securities Inc. raised its stake in Invesco Water Resources ETF by 127,200.0% during the first quarter. NBC Securities Inc. now owns 2,546 shares of the company’s stock worth $164,000 after purchasing an additional 2,544 shares during the period. Beese Fulmer Investment Management Inc. purchased a new position in Invesco Water Resources ETF during the first quarter worth about $447,000. Finally, GAMMA Investing LLC raised its stake in Invesco Water Resources ETF by 6,352.1% during the first quarter. GAMMA Investing LLC now owns 26,260 shares of the company’s stock worth $16,940,000 after purchasing an additional 25,853 shares during the period.

Invesco Water Resources ETF Price Performance

Shares of PHO stock opened at $69.31 on Friday. Invesco Water Resources ETF has a 12 month low of $57.11 and a 12 month high of $72.59. The company has a market capitalization of $2.18 billion, a PE ratio of 25.09 and a beta of 0.96. The firm’s 50-day moving average is $65.23 and its two-hundred day moving average is $66.64.

Invesco Water Resources ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.098 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco Water Resources ETF’s previous dividend of $0.09.

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.