WealthSpring Partners LLC lowered its position in Invesco Water Resources ETF (NASDAQ:PHO – Free Report) by 26.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 73,077 shares of the company’s stock after selling 26,266 shares during the period. Invesco Water Resources ETF comprises approximately 5.5% of WealthSpring Partners LLC’s holdings, making the stock its 5th largest position. WealthSpring Partners LLC owned 0.26% of Invesco Water Resources ETF worth $4,957,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its stake in shares of Invesco Water Resources ETF by 108.8% in the second quarter. Integrated Wealth Concepts LLC now owns 28,261 shares of the company’s stock worth $1,952,000 after acquiring an additional 14,723 shares during the period. Royal Bank of Canada raised its stake in Invesco Water Resources ETF by 13.3% during the 1st quarter. Royal Bank of Canada now owns 335,431 shares of the company’s stock valued at $22,428,000 after purchasing an additional 39,491 shares during the period. D.A. Davidson & CO. raised its stake in Invesco Water Resources ETF by 62.7% during the 1st quarter. D.A. Davidson & CO. now owns 70,106 shares of the company’s stock valued at $4,687,000 after purchasing an additional 27,010 shares during the period. Prism Advisors Inc. raised its stake in Invesco Water Resources ETF by 12.0% during the 1st quarter. Prism Advisors Inc. now owns 186,428 shares of the company’s stock valued at $12,465,000 after purchasing an additional 19,912 shares during the period. Finally, Nwam LLC lifted its holdings in Invesco Water Resources ETF by 756.7% in the 2nd quarter. Nwam LLC now owns 33,636 shares of the company’s stock worth $2,324,000 after purchasing an additional 29,710 shares in the last quarter.
Invesco Water Resources ETF Stock Up 0.2%
PHO stock traded up $0.12 during midday trading on Wednesday, hitting $69.19. The company’s stock had a trading volume of 55,832 shares, compared to its average volume of 91,855. Invesco Water Resources ETF has a 12 month low of $63.54 and a 12 month high of $74.93. The company has a 50 day moving average of $70.10 and a two-hundred day moving average of $68.67. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 25.38 and a beta of 0.95.
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. The Fund invests in the sector such, such as industrials, utilities, healthcare, information technology and materials.
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