Blair William & Co. IL Buys 17,734 Shares of Invesco Water Resources ETF $PHO

Blair William & Co. IL increased its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 14.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 136,963 shares of the company’s stock after buying an additional 17,734 shares during the quarter. Blair William & Co. IL owned about 0.44% of Invesco Water Resources ETF worth $9,575,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Dynamic Advisor Solutions LLC grew its holdings in shares of Invesco Water Resources ETF by 5.9% in the first quarter. Dynamic Advisor Solutions LLC now owns 8,992 shares of the company’s stock worth $580,000 after purchasing an additional 497 shares during the last quarter. Golden State Wealth Management LLC boosted its position in Invesco Water Resources ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 496 shares of the company’s stock valued at $32,000 after buying an additional 248 shares during the period. Fifth Third Bancorp grew its stake in Invesco Water Resources ETF by 11.2% in the 1st quarter. Fifth Third Bancorp now owns 2,890 shares of the company’s stock worth $186,000 after acquiring an additional 290 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Invesco Water Resources ETF by 33.3% during the first quarter. Envestnet Asset Management Inc. now owns 43,348 shares of the company’s stock worth $2,797,000 after acquiring an additional 10,839 shares during the period. Finally, LPL Financial LLC increased its position in shares of Invesco Water Resources ETF by 10.2% during the first quarter. LPL Financial LLC now owns 826,990 shares of the company’s stock worth $53,357,000 after acquiring an additional 76,821 shares during the period.

Invesco Water Resources ETF Stock Performance

Shares of NASDAQ:PHO opened at $71.76 on Friday. The firm has a market cap of $2.23 billion, a PE ratio of 25.38 and a beta of 0.96. The firm’s 50 day simple moving average is $72.23 and its 200-day simple moving average is $69.01. Invesco Water Resources ETF has a one year low of $57.11 and a one year high of $74.33.

Invesco Water Resources ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a dividend of $0.093 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $0.37 dividend on an annualized basis and a dividend 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.