Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by Legacy Bridge LLC

Legacy Bridge LLC trimmed its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 41.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 710 shares of the company’s stock after selling 500 shares during the period. Legacy Bridge LLC’s holdings in Invesco Water Resources ETF were worth $47,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Sunbelt Securities Inc. acquired a new position in Invesco Water Resources ETF during the third quarter worth $36,000. McClarren Financial Advisors Inc. raised its stake in shares of Invesco Water Resources ETF by 424.0% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 676 shares of the company’s stock worth $48,000 after buying an additional 547 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Invesco Water Resources ETF in the 3rd quarter worth about $54,000. Kennebec Savings Bank acquired a new stake in Invesco Water Resources ETF in the 3rd quarter valued at about $60,000. Finally, Bristlecone Advisors LLC purchased a new position in Invesco Water Resources ETF during the 3rd quarter valued at about $73,000.

Invesco Water Resources ETF Price Performance

Shares of NASDAQ PHO opened at $68.35 on Tuesday. The firm’s 50-day moving average is $68.34 and its two-hundred day moving average is $68.79. The company has a market capitalization of $2.21 billion, a PE ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a 12-month low of $59.25 and a 12-month high of $72.59.

Invesco Water Resources ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.0923 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Water Resources ETF 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.