Tocqueville Asset Management L.P. Sells 902 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Tocqueville Asset Management L.P. trimmed its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 1.6% during the 4th quarter, Holdings Channel reports. The firm owned 54,971 shares of the company’s stock after selling 902 shares during the quarter. Tocqueville Asset Management L.P.’s holdings in Invesco Water Resources ETF were worth $3,617,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. IHT Wealth Management LLC boosted its stake in Invesco Water Resources ETF by 1.9% in the third quarter. IHT Wealth Management LLC now owns 8,251 shares of the company’s stock worth $582,000 after buying an additional 151 shares in the last quarter. Principal Securities Inc. lifted its holdings in shares of Invesco Water Resources ETF by 37.2% in the 4th quarter. Principal Securities Inc. now owns 590 shares of the company’s stock worth $39,000 after acquiring an additional 160 shares during the last quarter. Raab & Moskowitz Asset Management LLC boosted its stake in shares of Invesco Water Resources ETF by 0.3% in the 3rd quarter. Raab & Moskowitz Asset Management LLC now owns 59,898 shares of the company’s stock valued at $4,225,000 after purchasing an additional 180 shares in the last quarter. MML Investors Services LLC grew its holdings in shares of Invesco Water Resources ETF by 1.3% during the 3rd quarter. MML Investors Services LLC now owns 14,625 shares of the company’s stock valued at $1,032,000 after purchasing an additional 181 shares during the last quarter. Finally, Captrust Financial Advisors raised its position in Invesco Water Resources ETF by 0.8% in the 3rd quarter. Captrust Financial Advisors now owns 22,492 shares of the company’s stock worth $1,587,000 after purchasing an additional 189 shares during the period.

Invesco Water Resources ETF Trading Down 0.1 %

Shares of NASDAQ:PHO opened at $65.43 on Wednesday. The stock has a market capitalization of $2.11 billion, a P/E ratio of 25.82 and a beta of 0.96. The stock’s 50-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.

Invesco Water Resources ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.0923 dividend. 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.