Invesco Water Resources ETF $PHO Stake Lifted by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV grew its position in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 8.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 7,740 shares of the company’s stock after purchasing an additional 602 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Invesco Water Resources ETF were worth $499,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Kovitz Investment Group Partners LLC grew its holdings in Invesco Water Resources ETF by 150.9% during the first quarter. Kovitz Investment Group Partners LLC now owns 11,892 shares of the company’s stock worth $767,000 after acquiring an additional 7,152 shares during the period. HighTower Advisors LLC lifted its holdings in Invesco Water Resources ETF by 1.1% in the 1st quarter. HighTower Advisors LLC now owns 415,878 shares of the company’s stock valued at $26,832,000 after acquiring an additional 4,603 shares during the last quarter. Simplex Trading LLC boosted its position in shares of Invesco Water Resources ETF by 93.9% during the 1st quarter. Simplex Trading LLC now owns 2,199 shares of the company’s stock valued at $141,000 after purchasing an additional 1,065 shares in the last quarter. Private Wealth Advisors LLC grew its stake in shares of Invesco Water Resources ETF by 0.9% in the 1st quarter. Private Wealth Advisors LLC now owns 21,540 shares of the company’s stock worth $1,390,000 after purchasing an additional 197 shares during the last quarter. Finally, National Bank of Canada FI raised its holdings in shares of Invesco Water Resources ETF by 1.8% in the 1st quarter. National Bank of Canada FI now owns 12,788 shares of the company’s stock worth $825,000 after purchasing an additional 229 shares in the last quarter.

Invesco Water Resources ETF Price Performance

PHO stock opened at $72.46 on Monday. The firm has a market cap of $2.25 billion, a PE ratio of 25.38 and a beta of 0.96. Invesco Water Resources ETF has a 12 month low of $57.11 and a 12 month high of $73.56. The firm has a 50 day simple moving average of $70.48 and a 200 day simple moving average of $67.40.

Invesco Water Resources ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were paid a dividend of $0.1063 per share. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $0.43 annualized dividend and a dividend yield of 0.6%. This is a boost from Invesco Water Resources ETF’s previous quarterly dividend of $0.05.

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.