Prime Capital Investment Advisors LLC Takes Position in Invesco Water Resources ETF (NASDAQ:PHO)

Prime Capital Investment Advisors LLC bought a new stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 27,964 shares of the company’s stock, valued at approximately $1,973,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Blair William & Co. IL raised its holdings in Invesco Water Resources ETF by 0.8% in the 1st quarter. Blair William & Co. IL now owns 137,455 shares of the company’s stock worth $9,150,000 after acquiring an additional 1,099 shares during the last quarter. Tocqueville Asset Management L.P. raised its holdings in Invesco Water Resources ETF by 25.7% in the 1st quarter. Tocqueville Asset Management L.P. now owns 60,674 shares of the company’s stock worth $4,039,000 after acquiring an additional 12,419 shares during the last quarter. TIAA Trust National Association raised its holdings in Invesco Water Resources ETF by 14.9% in the 1st quarter. TIAA Trust National Association now owns 6,156 shares of the company’s stock worth $410,000 after acquiring an additional 800 shares during the last quarter. Osaic Holdings Inc. raised its holdings in Invesco Water Resources ETF by 33.4% in the 1st quarter. Osaic Holdings Inc. now owns 268,709 shares of the company’s stock worth $17,889,000 after acquiring an additional 67,228 shares during the last quarter. Finally, ESL Trust Services LLC purchased a new position in Invesco Water Resources ETF in the 1st quarter worth approximately $27,000.

Invesco Water Resources ETF Stock Down 0.0 %

Shares of NASDAQ PHO opened at $70.87 on Thursday. Invesco Water Resources ETF has a twelve month low of $54.04 and a twelve month high of $72.59. The firm has a market cap of $2.31 billion, a P/E ratio of 37.18 and a beta of 0.96. The company has a 50 day moving average of $69.55 and a 200 day moving average of $67.89.

Invesco Water Resources ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 0.28%.

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.