Cetera Investment Advisers Acquires 7,871 Shares of Invesco Water Resources ETF $PHO

Cetera Investment Advisers grew its holdings in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 3.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 218,838 shares of the company’s stock after buying an additional 7,871 shares during the period. Cetera Investment Advisers owned 0.70% of Invesco Water Resources ETF worth $15,299,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Creative Planning boosted its holdings in Invesco Water Resources ETF by 5.3% in the second quarter. Creative Planning now owns 64,385 shares of the company’s stock valued at $4,501,000 after acquiring an additional 3,260 shares in the last quarter. Aspen Wealth Strategies LLC raised its holdings in Invesco Water Resources ETF by 44.7% in the 2nd quarter. Aspen Wealth Strategies LLC now owns 6,646 shares of the company’s stock worth $465,000 after purchasing an additional 2,053 shares in the last quarter. Vise Technologies Inc. purchased a new stake in shares of Invesco Water Resources ETF in the 2nd quarter worth about $260,000. Midwest Trust Co bought a new stake in shares of Invesco Water Resources ETF during the 2nd quarter valued at about $207,000. Finally, AE Wealth Management LLC boosted its stake in shares of Invesco Water Resources ETF by 5,081.8% during the 2nd quarter. AE Wealth Management LLC now owns 570 shares of the company’s stock valued at $40,000 after purchasing an additional 559 shares in the last quarter.

Invesco Water Resources ETF Price Performance

PHO stock opened at $69.77 on Thursday. Invesco Water Resources ETF has a 1 year low of $57.11 and a 1 year high of $74.93. The firm has a 50-day moving average of $72.21 and a 200 day moving average of $70.93. The company has a market cap of $2.09 billion, a P/E ratio of 25.38 and a beta of 1.02.

Invesco Water Resources ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were paid a $0.093 dividend. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, September 22nd.

Invesco Water Resources ETF 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.