Centricity Wealth Management LLC Makes New $105,000 Investment in Invesco Water Resources ETF (NASDAQ:PHO)

Centricity Wealth Management LLC acquired a new stake in Invesco Water Resources ETF (NASDAQ:PHO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 1,603 shares of the company’s stock, valued at approximately $105,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Raymond James & Associates grew its holdings in shares of Invesco Water Resources ETF by 159.4% during the 3rd quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock worth $21,323,000 after purchasing an additional 185,770 shares in the last quarter. Prism Advisors Inc. lifted its position in Invesco Water Resources ETF by 9.6% during the fourth quarter. Prism Advisors Inc. now owns 206,352 shares of the company’s stock worth $13,576,000 after purchasing an additional 18,054 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Invesco Water Resources ETF during the fourth quarter worth about $7,366,000. Stifel Financial Corp grew its stake in 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 buying an additional 5,570 shares in the last quarter. Finally, Bedell Frazier Investment Counselling LLC increased its holdings in Invesco Water Resources ETF by 0.7% in the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 66,021 shares of the company’s stock valued at $4,657,000 after buying an additional 470 shares during the period.

Invesco Water Resources ETF Trading Down 0.6 %

Shares of Invesco Water Resources ETF stock opened at $67.24 on Friday. The company has a market cap of $2.16 billion, a PE ratio of 26.66 and a beta of 1.00. The company has a 50 day moving average of $67.12 and a 200-day moving average of $68.68. Invesco Water Resources ETF has a 1-year low of $62.33 and a 1-year high of $72.59.

Invesco Water Resources ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid 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.