Secure Asset Management LLC Buys 471 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Secure Asset Management LLC boosted its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 9.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,441 shares of the company’s stock after buying an additional 471 shares during the quarter. Secure Asset Management LLC’s holdings in Invesco Water Resources ETF were worth $358,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in Invesco Water Resources ETF by 1.5% during the second quarter. Envestnet Asset Management Inc. now owns 56,521 shares of the company’s stock valued at $3,669,000 after acquiring an additional 822 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Invesco Water Resources ETF in the second quarter worth about $422,000. Bank of Montreal Can boosted its stake in Invesco Water Resources ETF by 438.0% during the second quarter. Bank of Montreal Can now owns 36,624 shares of the company’s stock valued at $2,501,000 after buying an additional 29,816 shares during the last quarter. Creative Planning grew its holdings in Invesco Water Resources ETF by 2.0% during the 2nd quarter. Creative Planning now owns 58,434 shares of the company’s stock valued at $3,793,000 after buying an additional 1,120 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Invesco Water Resources ETF by 1.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 27,082 shares of the company’s stock worth $1,758,000 after acquiring an additional 496 shares during the last quarter.

Invesco Water Resources ETF Stock Down 0.9 %

Shares of NASDAQ:PHO opened at $67.75 on Friday. The firm has a fifty day simple moving average of $68.37 and a two-hundred day simple moving average of $68.71. The stock has a market capitalization of $2.19 billion, a P/E ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a 52 week low of $59.05 and a 52 week high of $72.59.

Invesco Water Resources ETF Dividend Announcement

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