Invesco Water Resources ETF $PHO Shares Sold by First National Bank & Trust Co. of Newtown

First National Bank & Trust Co. of Newtown decreased its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 1.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 114,804 shares of the company’s stock after selling 1,190 shares during the period. Invesco Water Resources ETF accounts for 1.6% of First National Bank & Trust Co. of Newtown’s portfolio, making the stock its 10th biggest position. First National Bank & Trust Co. of Newtown’s holdings in Invesco Water Resources ETF were worth $8,025,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of PHO. Gitterman Wealth Management LLC acquired a new position in shares of Invesco Water Resources ETF in the 1st quarter valued at $23,448,000. Commonwealth Equity Services LLC boosted its stake in Invesco Water Resources ETF by 71.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 412,021 shares of the company’s stock worth $26,584,000 after purchasing an additional 171,240 shares during the period. LPL Financial LLC boosted its stake in Invesco Water Resources ETF by 10.2% during the 1st quarter. LPL Financial LLC now owns 826,990 shares of the company’s stock worth $53,357,000 after purchasing an additional 76,821 shares during the period. SOA Wealth Advisors LLC. boosted its stake in Invesco Water Resources ETF by 6,246.8% during the 1st quarter. SOA Wealth Advisors LLC. now owns 64,674 shares of the company’s stock worth $4,173,000 after purchasing an additional 63,655 shares during the period. Finally, Jones Financial Companies Lllp boosted its stake in Invesco Water Resources ETF by 251.5% during the 1st quarter. Jones Financial Companies Lllp now owns 63,813 shares of the company’s stock worth $4,117,000 after purchasing an additional 45,657 shares during the period.

Invesco Water Resources ETF Price Performance

Shares of NASDAQ:PHO opened at $72.12 on Thursday. The stock has a market cap of $2.24 billion, a P/E ratio of 25.38 and a beta of 0.96. The firm has a fifty day moving average price of $71.93 and a 200 day moving average price of $68.62. Invesco Water Resources ETF has a 1-year low of $57.11 and a 1-year high of $74.33.

Invesco Water Resources ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a dividend of $0.093 per share. The ex-dividend date was Monday, September 22nd. This represents a $0.37 dividend on an annualized basis and a yield of 0.5%.

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.