FSA Wealth Management LLC Reduces Stock Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

FSA Wealth Management LLC lessened its holdings in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 15.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,189 shares of the company’s stock after selling 414 shares during the period. FSA Wealth Management LLC’s holdings in Invesco Water Resources ETF were worth $144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PHO. RWA Wealth Partners LLC grew its position in Invesco Water Resources ETF by 3.6% during the fourth quarter. RWA Wealth Partners LLC now owns 4,306 shares of the company’s stock valued at $283,000 after buying an additional 151 shares during the period. Principal Securities Inc. raised its stake in shares of Invesco Water Resources ETF by 37.2% during the 4th quarter. Principal Securities Inc. now owns 590 shares of the company’s stock worth $39,000 after buying an additional 160 shares during the period. Stamos Capital Partners L.P. lifted its position in shares of Invesco Water Resources ETF by 5.3% during the 4th quarter. Stamos Capital Partners L.P. now owns 3,780 shares of the company’s stock valued at $249,000 after buying an additional 190 shares in the last quarter. Pacific Sun Financial Corp increased its holdings in Invesco Water Resources ETF by 3.9% in the 4th quarter. Pacific Sun Financial Corp now owns 7,013 shares of the company’s stock worth $461,000 after acquiring an additional 260 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its position in Invesco Water Resources ETF by 25.2% during the fourth quarter. TD Private Client Wealth LLC now owns 1,500 shares of the company’s stock worth $99,000 after acquiring an additional 302 shares during the period.

Invesco Water Resources ETF Stock Down 2.2 %

PHO stock opened at $60.88 on Tuesday. The stock has a market capitalization of $1.93 billion, a P/E ratio of 24.07 and a beta of 0.96. Invesco Water Resources ETF has a 52 week low of $57.11 and a 52 week high of $72.59. The firm has a 50-day simple moving average of $64.53 and a 200-day simple moving average of $67.33.

Invesco Water Resources ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.098 dividend. The ex-dividend date was Monday, March 24th. This is an increase from Invesco Water Resources ETF’s previous dividend of $0.09.

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.