Astoria Portfolio Advisors LLC. Acquires New Position in Invesco Water Resources ETF $PHO

Astoria Portfolio Advisors LLC. purchased a new stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 3,360 shares of the company’s stock, valued at approximately $238,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Crowley Wealth Management Inc. boosted its holdings in shares of Invesco Water Resources ETF by 11.5% during the 2nd quarter. Crowley Wealth Management Inc. now owns 1,450 shares of the company’s stock valued at $101,000 after acquiring an additional 150 shares during the last quarter. Chicago Partners Investment Group LLC boosted its holdings in shares of Invesco Water Resources ETF by 0.5% during the 1st quarter. Chicago Partners Investment Group LLC now owns 32,034 shares of the company’s stock valued at $2,095,000 after acquiring an additional 154 shares during the last quarter. Wellington Shields & Co. LLC boosted its holdings in shares of Invesco Water Resources ETF by 3.6% during the 1st quarter. Wellington Shields & Co. LLC now owns 4,772 shares of the company’s stock valued at $308,000 after acquiring an additional 167 shares during the last quarter. US Bancorp DE boosted its holdings in shares of Invesco Water Resources ETF by 1.6% during the 1st quarter. US Bancorp DE now owns 11,002 shares of the company’s stock valued at $710,000 after acquiring an additional 168 shares during the last quarter. Finally, Verity Asset Management Inc. lifted its stake in shares of Invesco Water Resources ETF by 0.6% in the 1st quarter. Verity Asset Management Inc. now owns 27,618 shares of the company’s stock worth $1,782,000 after purchasing an additional 178 shares during the period.

Invesco Water Resources ETF Stock Up 0.8%

Shares of NASDAQ:PHO opened at $72.30 on Tuesday. The firm’s 50 day moving average price is $72.26 and its 200-day moving average price is $69.10. Invesco Water Resources ETF has a twelve month low of $57.11 and a twelve month high of $74.33. The stock has a market capitalization of $2.25 billion, a PE ratio of 25.38 and a beta of 0.96.

Invesco Water Resources ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders 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.