Invesco Water Resources ETF $PHO Stake Raised by Prism Advisors Inc.

Prism Advisors Inc. raised its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 12.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 186,428 shares of the company’s stock after acquiring an additional 19,912 shares during the quarter. Invesco Water Resources ETF accounts for about 3.3% of Prism Advisors Inc.’s portfolio, making the stock its 11th biggest holding. Prism Advisors Inc. owned 0.63% of Invesco Water Resources ETF worth $12,465,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in shares of Invesco Water Resources ETF by 2.2% in the third quarter. Bank of America Corp DE now owns 1,638,327 shares of the company’s stock valued at $118,140,000 after buying an additional 34,972 shares in the last quarter. UBS Group AG boosted its stake in shares of Invesco Water Resources ETF by 4.8% during the 3rd quarter. UBS Group AG now owns 443,460 shares of the company’s stock worth $31,978,000 after acquiring an additional 20,261 shares in the last quarter. Perigon Wealth Management LLC acquired a new position in shares of Invesco Water Resources ETF in the 4th quarter worth $27,057,000. PNC Financial Services Group Inc. grew its holdings in shares of Invesco Water Resources ETF by 1.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 290,583 shares of the company’s stock worth $20,460,000 after acquiring an additional 3,576 shares during the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of Invesco Water Resources ETF by 1,232.1% in the 4th quarter. Corient Private Wealth LLC now owns 248,991 shares of the company’s stock worth $17,531,000 after acquiring an additional 230,299 shares during the last quarter.

Invesco Water Resources ETF Stock Up 0.7%

Shares of NASDAQ PHO opened at $69.08 on Wednesday. Invesco Water Resources ETF has a 12 month low of $63.54 and a 12 month high of $74.93. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 25.38 and a beta of 0.97. The business has a fifty day simple moving average of $67.10 and a 200-day simple moving average of $69.59.

Invesco Water Resources ETF Announces Dividend

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

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.