Osborne Partners Capital Management LLC Decreases Stake in Invesco Water Resources ETF (NASDAQ:PHO)

Osborne Partners Capital Management LLC lessened its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 12.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,122 shares of the company’s stock after selling 982 shares during the quarter. Osborne Partners Capital Management LLC’s holdings in Invesco Water Resources ETF were worth $469,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in PHO. Raymond James & Associates lifted its stake in Invesco Water Resources ETF by 159.4% in the third quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock worth $21,323,000 after acquiring an additional 185,770 shares during the period. Prism Advisors Inc. raised its holdings in Invesco Water Resources ETF by 9.6% in the 4th quarter. Prism Advisors Inc. now owns 206,352 shares of the company’s stock worth $13,576,000 after purchasing an additional 18,054 shares in the last quarter. CWM LLC lifted its position in shares of Invesco Water Resources ETF by 4.6% in the 3rd quarter. CWM LLC now owns 120,440 shares of the company’s stock worth $8,496,000 after purchasing an additional 5,319 shares during the period. Stifel Financial Corp lifted its position in shares of Invesco Water Resources ETF by 5.5% in the 3rd quarter. Stifel Financial Corp now owns 106,627 shares of the company’s stock worth $7,522,000 after purchasing an additional 5,570 shares during the period. Finally, Bedell Frazier Investment Counselling LLC boosted its stake in shares of Invesco Water Resources ETF by 0.7% during the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 66,021 shares of the company’s stock valued at $4,657,000 after purchasing an additional 470 shares in the last quarter.

Invesco Water Resources ETF Price Performance

PHO stock opened at $68.42 on Monday. Invesco Water Resources ETF has a 1 year low of $59.25 and a 1 year high of $72.59. The firm has a 50-day moving average of $68.20 and a 200 day moving average of $68.79. The company has a market cap of $2.21 billion, a P/E ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

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