Leavell Investment Management Inc. Has $205,000 Stock Holdings in Invesco Water Resources ETF $PHO

Leavell Investment Management Inc. lessened its holdings in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 6.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 2,930 shares of the company’s stock after selling 201 shares during the period. Leavell Investment Management Inc.’s holdings in Invesco Water Resources ETF were worth $205,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Gitterman Wealth Management LLC bought a new stake in shares of Invesco Water Resources ETF in the 1st quarter worth approximately $23,448,000. Commonwealth Equity Services LLC lifted its position in shares of Invesco Water Resources ETF by 71.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 412,021 shares of the company’s stock worth $26,584,000 after acquiring an additional 171,240 shares during the period. LPL Financial LLC lifted its position in shares of Invesco Water Resources ETF by 10.2% in 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 lifted its position in shares of Invesco Water Resources ETF by 251.5% in 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 bought a new stake in shares of Invesco Water Resources ETF in the 1st quarter worth approximately $2,225,000.

Invesco Water Resources ETF Trading Down 0.7%

Shares of PHO stock opened at $73.94 on Tuesday. The stock has a 50 day moving average of $72.61 and a two-hundred day moving average of $69.93. Invesco Water Resources ETF has a 12 month low of $57.11 and a 12 month high of $74.93. The company has a market capitalization of $2.23 billion, a P/E ratio of 25.38 and a beta of 1.02.

Invesco Water Resources ETF Cuts Dividend

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

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.