Astoria Portfolio Advisors LLC. Takes $238,000 Position in Invesco Water Resources ETF $PHO

Astoria Portfolio Advisors LLC. bought a new stake in Invesco Water Resources ETF (NASDAQ:PHO) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,360 shares of the company’s stock, valued at approximately $238,000.

A number of other hedge funds and other institutional investors have also modified their holdings of PHO. Gitterman Wealth Management LLC acquired a new stake in shares of Invesco Water Resources ETF in the first quarter valued at approximately $23,448,000. Commonwealth Equity Services LLC increased its holdings in shares of Invesco Water Resources ETF by 71.1% in the first quarter. Commonwealth Equity Services LLC now owns 412,021 shares of the company’s stock valued at $26,584,000 after purchasing an additional 171,240 shares in the last quarter. LPL Financial LLC grew its holdings in Invesco Water Resources ETF by 10.2% during the 1st quarter. LPL Financial LLC now owns 826,990 shares of the company’s stock worth $53,357,000 after acquiring an additional 76,821 shares during the period. Jones Financial Companies Lllp grew its holdings in Invesco Water Resources ETF by 251.5% during the 1st quarter. Jones Financial Companies Lllp now owns 63,813 shares of the company’s stock worth $4,117,000 after acquiring an additional 45,657 shares during the period. Finally, Strive Asset Management LLC acquired a new stake in Invesco Water Resources ETF during the 1st quarter worth $2,225,000.

Invesco Water Resources ETF Stock Up 0.8%

Shares of PHO stock opened at $72.30 on Tuesday. The firm has a market capitalization of $2.25 billion, a price-to-earnings 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 $74.33. The firm has a fifty day moving average of $72.26 and a 200-day moving average of $69.10.

Invesco Water Resources ETF Cuts Dividend

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

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.