Nwam LLC Purchases 29,710 Shares of Invesco Water Resources ETF $PHO

Nwam LLC lifted its position in Invesco Water Resources ETF (NASDAQ:PHO) by 756.7% in the second quarter, HoldingsChannel.com reports. The firm owned 33,636 shares of the company’s stock after acquiring an additional 29,710 shares during the period. Nwam LLC’s holdings in Invesco Water Resources ETF were worth $2,324,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. WealthSpring Partners LLC acquired a new position in shares of Invesco Water Resources ETF in the 4th quarter valued at $6,741,000. D.A. Davidson & CO. lifted its holdings in shares of 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 worth $4,687,000 after acquiring an additional 27,010 shares during the period. Thryve Wealth Management LLC bought a new position in shares of Invesco Water Resources ETF during the 4th quarter worth about $6,812,000. Prism Advisors Inc. boosted its position in shares of 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 acquiring an additional 19,912 shares in the last quarter. Finally, EJMK Ventures LLC acquired a new stake in shares of Invesco Water Resources ETF during the 4th quarter valued at about $549,000.

Invesco Water Resources ETF Stock Down 1.7%

NASDAQ PHO opened at $70.12 on Wednesday. The stock has a market cap of $2.00 billion, a P/E ratio of 25.38 and a beta of 0.95. The company’s 50-day simple moving average is $70.37 and its 200 day simple moving average is $68.97. Invesco Water Resources ETF has a twelve month low of $63.54 and a twelve month high of $74.93.

Invesco Water Resources ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.1228 per share. This represents a $0.49 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, June 22nd.

Invesco Water Resources ETF Company 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. The Fund invests in the sector such, such as industrials, utilities, healthcare, information technology and materials.