Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. cut its holdings in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 5.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,820 shares of the company’s stock after selling 779 shares during the period. D.A. Davidson & CO.’s holdings in Invesco Water Resources ETF were worth $975,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wingate Wealth Advisors Inc. purchased a new position in Invesco Water Resources ETF in the fourth quarter valued at about $33,000. Sunbelt Securities Inc. acquired a new position in shares of Invesco Water Resources ETF in the 3rd quarter valued at approximately $36,000. Principal Securities Inc. boosted 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 valued at $39,000 after buying an additional 160 shares during the last quarter. Allworth Financial LP grew its position in shares of Invesco Water Resources ETF by 181.1% during the fourth quarter. Allworth Financial LP now owns 728 shares of the company’s stock worth $50,000 after buying an additional 469 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Invesco Water Resources ETF in the third quarter worth $54,000.

Invesco Water Resources ETF Price Performance

PHO opened at $66.28 on Monday. Invesco Water Resources ETF has a 12-month low of $62.82 and a 12-month high of $72.59. The stock has a market capitalization of $2.14 billion, a PE ratio of 26.66 and a beta of 0.96. The firm’s fifty day moving average price is $67.06 and its 200 day moving average price is $68.71.

Invesco Water Resources ETF Announces Dividend

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