IFP Advisors Inc Purchases 32,055 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

IFP Advisors Inc raised its position in Invesco Water Resources ETF (NASDAQ:PHO) by 945.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,447 shares of the company’s stock after buying an additional 32,055 shares during the quarter. IFP Advisors Inc owned about 0.11% of Invesco Water Resources ETF worth $2,332,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Invesco Water Resources ETF in the 3rd quarter valued at about $54,000. Glenmede Trust Co. NA increased its holdings in Invesco Water Resources ETF by 8.1% in the 3rd quarter. Glenmede Trust Co. NA now owns 21,400 shares of the company’s stock valued at $1,510,000 after buying an additional 1,600 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Invesco Water Resources ETF by 44.0% in the 3rd 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 in the last quarter. Janney Montgomery Scott LLC boosted 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 in the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of Invesco Water Resources ETF by 1.6% in the 3rd quarter. Cerity Partners LLC now owns 56,842 shares of the company’s stock valued at $4,010,000 after purchasing an additional 904 shares in the last quarter.

Invesco Water Resources ETF Trading Up 1.3 %

PHO opened at $67.09 on Wednesday. The company’s 50 day moving average is $66.96 and its 200-day moving average is $68.71. Invesco Water Resources ETF has a 1-year low of $62.82 and a 1-year high of $72.59. The company has a market cap of $2.16 billion, a P/E ratio of 26.66 and a beta of 0.96.

Invesco Water Resources ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid 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.