26,316 Shares in Invesco Water Resources ETF (NASDAQ:PHO) Acquired by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC acquired a new stake in Invesco Water Resources ETF (NASDAQ:PHO) in the 4th quarter, Holdings Channel.com reports. The fund acquired 26,316 shares of the company’s stock, valued at approximately $1,731,000.

Other institutional investors have also recently modified their holdings of the company. Prism Advisors Inc. lifted its position in Invesco Water Resources ETF by 9.6% during the fourth 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 during the period. PFG Investments LLC raised its position in Invesco Water Resources ETF by 2.8% during the fourth quarter. PFG Investments LLC now owns 18,824 shares of the company’s stock valued at $1,238,000 after purchasing an additional 505 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its stake in Invesco Water Resources ETF by 11.1% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 8,495 shares of the company’s stock worth $559,000 after purchasing an additional 846 shares during the last quarter. Secure Asset Management LLC boosted its holdings in shares of Invesco Water Resources ETF by 9.5% in the 4th quarter. Secure Asset Management LLC now owns 5,441 shares of the company’s stock valued at $358,000 after purchasing an additional 471 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of Invesco Water Resources ETF by 2.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 28,678 shares of the company’s stock valued at $1,887,000 after purchasing an additional 724 shares during the last quarter.

Invesco Water Resources ETF Stock Performance

Invesco Water Resources ETF stock opened at $67.54 on Tuesday. The stock has a fifty day moving average of $67.71 and a 200-day moving average of $68.77. The stock has a market capitalization of $2.18 billion, a P/E ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a 52 week low of $61.05 and a 52 week high of $72.59.

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 issued 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.