Invesco Water Resources ETF (NASDAQ:PHO) Holdings Cut by First United Bank & Trust

First United Bank & Trust lowered its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 6.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,920 shares of the company’s stock after selling 205 shares during the period. First United Bank & Trust’s holdings in Invesco Water Resources ETF were worth $206,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. LPL Financial LLC raised its holdings in shares of Invesco Water Resources ETF by 17.9% during the second quarter. LPL Financial LLC now owns 668,590 shares of the company’s stock valued at $43,398,000 after buying an additional 101,342 shares during the last quarter. 1832 Asset Management L.P. raised its holdings in shares of Invesco Water Resources ETF by 147.7% during the first quarter. 1832 Asset Management L.P. now owns 524,079 shares of the company’s stock valued at $34,888,000 after buying an additional 312,475 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Invesco Water Resources ETF by 1.4% during the second quarter. Commonwealth Equity Services LLC now owns 402,507 shares of the company’s stock valued at $26,127,000 after buying an additional 5,493 shares during the last quarter. Osaic Holdings Inc. raised its holdings in shares of Invesco Water Resources ETF by 33.4% during the first quarter. Osaic Holdings Inc. now owns 268,709 shares of the company’s stock valued at $17,889,000 after buying an additional 67,228 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Invesco Water Resources ETF by 0.9% during the second quarter. Cetera Investment Advisers now owns 234,289 shares of the company’s stock valued at $15,208,000 after buying an additional 2,090 shares during the last quarter.

Invesco Water Resources ETF Trading Up 0.6 %

PHO opened at $71.22 on Thursday. The business’s 50 day moving average is $68.83 and its 200-day moving average is $67.10. The stock has a market cap of $2.32 billion, a PE ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a twelve month low of $49.65 and a twelve month high of $71.47.

Invesco Water Resources ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.05 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.20 annualized dividend and a yield of 0.28%.

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.