12,950 Shares in Invesco Water Resources ETF (NASDAQ:PHO) Acquired by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. purchased a new stake in Invesco Water Resources ETF (NASDAQ:PHO) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,950 shares of the company’s stock, valued at approximately $852,000.

Several other hedge funds also recently added to or reduced their stakes in PHO. Crowley Wealth Management Inc. acquired a new stake in shares of Invesco Water Resources ETF during the fourth quarter worth about $26,000. Wingate Wealth Advisors Inc. purchased a new position in Invesco Water Resources ETF during the 4th quarter worth approximately $33,000. Sunbelt Securities Inc. acquired a new position in Invesco Water Resources ETF during the third quarter worth approximately $36,000. Kestra Investment Management LLC purchased a new stake in Invesco Water Resources ETF in the fourth quarter valued at approximately $37,000. Finally, Principal Securities Inc. boosted its holdings in shares of Invesco Water Resources ETF by 37.2% in the fourth quarter. Principal Securities Inc. now owns 590 shares of the company’s stock valued at $39,000 after acquiring an additional 160 shares during the period.

Invesco Water Resources ETF Price Performance

Shares of Invesco Water Resources ETF stock opened at $64.78 on Wednesday. The firm’s fifty day simple moving average is $66.59 and its 200-day simple moving average is $68.24. Invesco Water Resources ETF has a 12 month low of $62.82 and a 12 month high of $72.59. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of 25.16 and a beta of 0.96.

Invesco Water Resources ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.098 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco Water Resources ETF’s previous dividend of $0.09.

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.