Rockingstone Advisors LLC Lowers Position in Invesco Water Resources ETF (NASDAQ:PHO)

Rockingstone Advisors LLC decreased its position in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 26.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 32,800 shares of the company’s stock after selling 12,100 shares during the period. Rockingstone Advisors LLC’s holdings in Invesco Water Resources ETF were worth $2,158,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in PHO. Ashton Thomas Private Wealth LLC purchased a new position in Invesco Water Resources ETF during the 2nd quarter valued at about $25,000. Sunbelt Securities Inc. purchased a new position in shares of Invesco Water Resources ETF during the third quarter valued at approximately $36,000. McClarren Financial Advisors Inc. lifted its holdings in shares of Invesco Water Resources ETF by 424.0% during the third quarter. McClarren Financial Advisors Inc. now owns 676 shares of the company’s stock valued at $48,000 after purchasing an additional 547 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Invesco Water Resources ETF in the 3rd quarter worth approximately $54,000. Finally, Kennebec Savings Bank purchased a new stake in shares of Invesco Water Resources ETF in the 3rd quarter worth approximately $60,000.

Invesco Water Resources ETF Trading Up 0.6 %

Shares of NASDAQ:PHO opened at $66.90 on Thursday. Invesco Water Resources ETF has a 12-month low of $58.32 and a 12-month high of $72.59. The stock has a fifty day simple moving average of $68.75 and a two-hundred day simple moving average of $68.55. The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors 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.