Invesco Water Resources ETF (NASDAQ:PHO) Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC lifted its position in Invesco Water Resources ETF (NASDAQ:PHO) by 1.5% in the fourth quarter, Holdings Channel reports. The firm owned 411,275 shares of the company’s stock after acquiring an additional 5,881 shares during the period. HighTower Advisors LLC’s holdings in Invesco Water Resources ETF were worth $27,058,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in PHO. Raymond James Financial Inc. acquired a new stake in shares of Invesco Water Resources ETF in the 4th quarter valued at about $34,604,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Invesco Water Resources ETF in the 4th quarter valued at about $7,366,000. IFP Advisors Inc boosted its position in shares of Invesco Water Resources ETF by 945.0% in the 4th quarter. IFP Advisors Inc now owns 35,447 shares of the company’s stock valued at $2,332,000 after purchasing an additional 32,055 shares during the period. Strategic Financial Concepts LLC acquired a new stake in shares of Invesco Water Resources ETF in the 4th quarter valued at about $1,731,000. Finally, Prism Advisors Inc. boosted its position in shares of Invesco Water Resources ETF by 9.6% in the 4th quarter. Prism Advisors Inc. now owns 206,352 shares of the company’s stock valued at $13,576,000 after purchasing an additional 18,054 shares during the period.

Invesco Water Resources ETF Trading Up 1.9 %

Invesco Water Resources ETF stock opened at $65.01 on Friday. Invesco Water Resources ETF has a twelve month low of $62.82 and a twelve month high of $72.59. The stock has a 50 day moving average of $66.93 and a two-hundred day moving average of $68.52. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 25.82 and a beta of 0.96.

Invesco Water Resources ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders 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.