Nwam LLC Sells 1,719 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Nwam LLC lessened its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 26.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,662 shares of the company’s stock after selling 1,719 shares during the quarter. Nwam LLC’s holdings in Invesco Water Resources ETF were worth $307,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Prism Advisors Inc. raised its holdings in Invesco Water Resources ETF by 9.6% in the 4th quarter. Prism Advisors Inc. now owns 206,352 shares of the company’s stock valued at $13,576,000 after buying an additional 18,054 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Invesco Water Resources ETF during the fourth quarter valued at $7,366,000. Stifel Financial Corp lifted its holdings in shares of Invesco Water Resources ETF by 5.5% during the third quarter. Stifel Financial Corp now owns 106,627 shares of the company’s stock worth $7,522,000 after purchasing an additional 5,570 shares during the period. Bedell Frazier Investment Counselling LLC grew its stake in shares of Invesco Water Resources ETF by 0.7% in the third quarter. Bedell Frazier Investment Counselling LLC now owns 66,021 shares of the company’s stock worth $4,657,000 after purchasing an additional 470 shares during the last quarter. Finally, Raab & Moskowitz Asset Management LLC grew its stake in shares of Invesco Water Resources ETF by 0.6% in the fourth quarter. Raab & Moskowitz Asset Management LLC now owns 60,246 shares of the company’s stock worth $3,964,000 after purchasing an additional 348 shares during the last quarter.

Invesco Water Resources ETF Stock Up 0.9 %

Shares of NASDAQ:PHO opened at $67.23 on Friday. The firm has a market cap of $2.17 billion, a P/E ratio of 26.66 and a beta of 0.96. Invesco Water Resources ETF has a 12-month low of $62.82 and a 12-month high of $72.59. The business has a fifty day simple moving average of $67.00 and a 200 day simple moving average of $68.70.

Invesco Water Resources ETF Announces Dividend

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