Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC lessened its position in Invesco Water Resources ETF (NASDAQ:PHO) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 14,448 shares of the company’s stock after selling 351 shares during the period. Apollon Wealth Management LLC’s holdings in Invesco Water Resources ETF were worth $951,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in PHO. Raymond James & Associates lifted its stake in shares of Invesco Water Resources ETF by 159.4% in the 3rd 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. lifted its stake in shares of Invesco Water Resources ETF by 25.7% in the third quarter. Prism Advisors Inc. now owns 188,298 shares of the company’s stock valued at $13,283,000 after purchasing an additional 38,476 shares during the period. Prime Capital Investment Advisors LLC acquired a new stake in shares of Invesco Water Resources ETF in the third quarter valued at about $1,973,000. Strategic Financial Concepts LLC acquired a new stake in shares of Invesco Water Resources ETF in the fourth quarter valued at about $1,731,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of 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 purchasing an additional 15,339 shares during the period.

Invesco Water Resources ETF Stock Up 0.8 %

Shares of NASDAQ PHO opened at $68.09 on Wednesday. Invesco Water Resources ETF has a 52 week low of $61.05 and a 52 week high of $72.59. The firm has a 50-day moving average price of $67.63 and a 200 day moving average price of $68.76. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.0923 dividend. The ex-dividend date was Monday, December 23rd.

Invesco Water Resources ETF Company 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.