Fox Hill Wealth Management Decreases Stock Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

Fox Hill Wealth Management reduced its position in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 3.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 17,734 shares of the company’s stock after selling 592 shares during the period. Fox Hill Wealth Management’s holdings in Invesco Water Resources ETF were worth $1,167,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PHO. Raymond James Financial Inc. acquired a new stake in Invesco Water Resources ETF during the 4th quarter worth $34,604,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Invesco Water Resources ETF during the 4th quarter worth $7,366,000. IFP Advisors Inc raised its stake in Invesco Water Resources ETF by 945.0% during the 4th quarter. IFP Advisors Inc now owns 35,447 shares of the company’s stock worth $2,332,000 after acquiring an additional 32,055 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in Invesco Water Resources ETF during the 4th quarter worth $1,731,000. Finally, Prism Advisors Inc. raised its stake in Invesco Water Resources ETF by 9.6% during the 4th quarter. Prism Advisors Inc. now owns 206,352 shares of the company’s stock worth $13,576,000 after acquiring an additional 18,054 shares in the last quarter.

Invesco Water Resources ETF Price Performance

Shares of NASDAQ:PHO opened at $65.43 on Wednesday. The company’s fifty day moving average price is $66.92 and its 200 day moving average price is $68.42. Invesco Water Resources ETF has a 12 month low of $62.82 and a 12 month high of $72.59. The firm has a market capitalization of $2.11 billion, a P/E ratio of 25.82 and a beta of 0.96.

Invesco Water Resources ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.0923 per share. The ex-dividend date 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.