Invesco Water Resources ETF (NASDAQ:PHO) Shares Bought by KKM Financial LLC

KKM Financial LLC increased its position in Invesco Water Resources ETF (NASDAQ:PHO) by 5.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,782 shares of the company’s stock after buying an additional 245 shares during the period. KKM Financial LLC’s holdings in Invesco Water Resources ETF were worth $337,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of PHO. Ashton Thomas Private Wealth LLC purchased a new stake in Invesco Water Resources ETF in the 2nd quarter worth approximately $25,000. Larson Financial Group LLC acquired a new stake in shares of Invesco Water Resources ETF during the second quarter worth $34,000. ORG Partners LLC purchased a new stake in shares of Invesco Water Resources ETF in the second quarter valued at $38,000. Rothschild Investment LLC acquired a new position in Invesco Water Resources ETF in the second quarter valued at $42,000. Finally, McClarren Financial Advisors Inc. lifted its position in Invesco Water Resources ETF by 424.0% during the third 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 period.

Invesco Water Resources ETF Price Performance

PHO opened at $71.12 on Friday. Invesco Water Resources ETF has a 12 month low of $55.62 and a 12 month high of $72.59. The business has a 50-day moving average of $69.88 and a two-hundred day moving average of $68.06. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.05 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 0.28%.

Invesco Water Resources ETF Company 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.