First National Bank & Trust Co. of Newtown Lowers Position in Invesco Water Resources ETF (NASDAQ:PHO)

First National Bank & Trust Co. of Newtown cut its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 11.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 118,658 shares of the company’s stock after selling 14,881 shares during the period. Invesco Water Resources ETF accounts for 1.6% of First National Bank & Trust Co. of Newtown’s portfolio, making the stock its 10th largest holding. First National Bank & Trust Co. of Newtown owned 0.37% of Invesco Water Resources ETF worth $7,806,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Invesco Water Resources ETF in the third quarter worth approximately $54,000. Glenmede Trust Co. NA raised its position in Invesco Water Resources ETF by 8.1% in the third quarter. Glenmede Trust Co. NA now owns 21,400 shares of the company’s stock worth $1,510,000 after acquiring an additional 1,600 shares during the period. JPMorgan Chase & Co. raised its position in Invesco Water Resources ETF by 44.0% in the third quarter. JPMorgan Chase & Co. now owns 50,234 shares of the company’s stock worth $3,544,000 after acquiring an additional 15,339 shares during the period. Creative Planning raised its position in Invesco Water Resources ETF by 0.5% in the third quarter. Creative Planning now owns 58,728 shares of the company’s stock worth $4,143,000 after acquiring an additional 294 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in shares of Invesco Water Resources ETF by 2.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 28,678 shares of the company’s stock worth $1,887,000 after purchasing an additional 724 shares in the last quarter.

Invesco Water Resources ETF Price Performance

Shares of NASDAQ PHO opened at $67.62 on Thursday. The firm has a fifty day moving average price of $67.18 and a 200-day moving average price of $68.69. The stock has a market cap of $2.18 billion, a PE ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a 1 year low of $62.25 and a 1 year high of $72.59.

Invesco Water Resources ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.0923 dividend. 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.