TD Private Client Wealth LLC Buys 396 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

TD Private Client Wealth LLC grew its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 49.4% during the third quarter, HoldingsChannel reports. The firm owned 1,198 shares of the company’s stock after purchasing an additional 396 shares during the quarter. TD Private Client Wealth LLC’s holdings in Invesco Water Resources ETF were worth $85,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC bought a new stake in shares of Invesco Water Resources ETF during the 2nd quarter valued at about $25,000. Sunbelt Securities Inc. bought a new stake in shares of Invesco Water Resources ETF during the 3rd quarter valued at about $36,000. Larson Financial Group LLC bought a new stake in Invesco Water Resources ETF during the second quarter worth about $34,000. Rothschild Investment LLC purchased a new stake in Invesco Water Resources ETF in the second quarter worth about $42,000. Finally, McClarren Financial Advisors Inc. grew its holdings in Invesco Water Resources ETF by 424.0% in the third quarter. McClarren Financial Advisors Inc. now owns 676 shares of the company’s stock worth $48,000 after purchasing an additional 547 shares during the period.

Invesco Water Resources ETF Stock Performance

Shares of PHO opened at $69.49 on Monday. The stock has a market cap of $2.26 billion, a PE ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a fifty-two week low of $58.32 and a fifty-two week high of $72.59. The firm’s 50-day simple moving average is $70.39 and its two-hundred day simple moving average is $68.47.

Invesco Water Resources ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.29%. The ex-dividend date was Monday, September 23rd.

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.