Dynamic Advisor Solutions LLC Has $559,000 Stock Position in Invesco Water Resources ETF (NASDAQ:PHO)

Dynamic Advisor Solutions LLC raised its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 11.1% during the fourth quarter, HoldingsChannel reports. The firm owned 8,495 shares of the company’s stock after acquiring an additional 846 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Invesco Water Resources ETF were worth $559,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of PHO. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Invesco Water Resources ETF in the third quarter valued at about $54,000. Creative Planning boosted its stake in shares of Invesco Water Resources ETF by 2.0% in the 2nd quarter. Creative Planning now owns 58,434 shares of the company’s stock valued at $3,793,000 after purchasing an additional 1,120 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Invesco Water Resources ETF during the 2nd quarter worth approximately $242,000. Glenmede Trust Co. NA increased its position in Invesco Water Resources ETF by 8.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 21,400 shares of the company’s stock worth $1,510,000 after purchasing an additional 1,600 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Invesco Water Resources ETF by 44.0% in the third quarter. JPMorgan Chase & Co. now owns 50,234 shares of the company’s stock valued at $3,544,000 after buying an additional 15,339 shares in the last quarter.

Invesco Water Resources ETF Stock Performance

Shares of NASDAQ:PHO opened at $68.35 on Tuesday. Invesco Water Resources ETF has a 52-week low of $59.25 and a 52-week high of $72.59. The company has a market capitalization of $2.21 billion, a PE ratio of 37.18 and a beta of 0.96. The company has a fifty day moving average of $68.34 and a 200-day moving average of $68.79.

Invesco Water Resources ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.0923 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco Water Resources ETF

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.