Invesco Water Resources ETF $PHO Stake Decreased by Polianta Ltd

Polianta Ltd lessened its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 30.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 153,700 shares of the company’s stock after selling 67,900 shares during the period. Invesco Water Resources ETF comprises about 1.4% of Polianta Ltd’s holdings, making the stock its 8th biggest position. Polianta Ltd’s holdings in Invesco Water Resources ETF were worth $10,821,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of PHO. Nations Financial Group Inc. IA ADV raised its holdings in shares of Invesco Water Resources ETF by 2.2% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 8,144 shares of the company’s stock worth $587,000 after purchasing an additional 175 shares during the period. Tocqueville Asset Management L.P. increased its position in Invesco Water Resources ETF by 0.4% in the third quarter. Tocqueville Asset Management L.P. now owns 51,491 shares of the company’s stock worth $3,713,000 after buying an additional 183 shares during the last quarter. Assetmark Inc. raised its stake in shares of Invesco Water Resources ETF by 45.4% in the third quarter. Assetmark Inc. now owns 589 shares of the company’s stock valued at $42,000 after buying an additional 184 shares during the period. Captrust Financial Advisors lifted its position in shares of Invesco Water Resources ETF by 0.8% during the 2nd quarter. Captrust Financial Advisors now owns 24,677 shares of the company’s stock valued at $1,725,000 after buying an additional 195 shares during the last quarter. Finally, Allworth Financial LP grew its stake in shares of Invesco Water Resources ETF by 28.4% during the 3rd quarter. Allworth Financial LP now owns 935 shares of the company’s stock worth $67,000 after acquiring an additional 207 shares during the period.

Invesco Water Resources ETF Stock Performance

Shares of PHO opened at $65.54 on Tuesday. Invesco Water Resources ETF has a fifty-two week low of $57.11 and a fifty-two week high of $74.93. The business has a 50-day moving average of $70.98 and a 200 day moving average of $71.67. The firm has a market cap of $1.94 billion, a P/E ratio of 25.38 and a beta of 1.02.

Invesco Water Resources ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.1046 dividend. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco Water Resources ETF’s previous quarterly dividend of $0.08. This represents a $0.42 annualized dividend and a dividend yield of 0.6%.

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. The Fund invests in the sector such, such as industrials, utilities, healthcare, information technology and materials.