Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by Conservest Capital Advisors Inc.

Conservest Capital Advisors Inc. lessened its holdings in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 0.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 72,648 shares of the company’s stock after selling 334 shares during the period. Invesco Water Resources ETF accounts for approximately 0.5% of Conservest Capital Advisors Inc.’s investment portfolio, making the stock its 24th biggest holding. Conservest Capital Advisors Inc. owned approximately 0.23% of Invesco Water Resources ETF worth $4,779,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wingate Wealth Advisors Inc. acquired a new stake in shares of Invesco Water Resources ETF during the 4th quarter worth about $33,000. Sunbelt Securities Inc. acquired a new stake in shares of Invesco Water Resources ETF during the 3rd quarter worth about $36,000. Kestra Investment Management LLC acquired a new stake in shares of Invesco Water Resources ETF during the 4th quarter worth about $37,000. Principal Securities Inc. raised its position in shares of Invesco Water Resources ETF by 37.2% during the 4th quarter. Principal Securities Inc. now owns 590 shares of the company’s stock worth $39,000 after acquiring an additional 160 shares in the last quarter. Finally, Bank of Jackson Hole Trust acquired a new position in Invesco Water Resources ETF during the fourth quarter worth approximately $45,000.

Invesco Water Resources ETF Stock Up 0.9 %

PHO opened at $67.23 on Friday. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 26.66 and a beta of 0.96. Invesco Water Resources ETF has a 52 week low of $62.82 and a 52 week high of $72.59. The business’s 50 day moving average is $66.99 and its two-hundred day moving average is $68.68.

Invesco Water Resources ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0923 per share. 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.