Marble Harbor Investment Counsel LLC Sells 750 Shares of Invesco Water Resources ETF $PHO

Marble Harbor Investment Counsel LLC reduced its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 15.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,033 shares of the company’s stock after selling 750 shares during the period. Marble Harbor Investment Counsel LLC’s holdings in Invesco Water Resources ETF were worth $282,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Gitterman Wealth Management LLC purchased a new stake in Invesco Water Resources ETF during the 1st quarter valued at about $23,448,000. Commonwealth Equity Services LLC grew its holdings in shares of Invesco Water Resources ETF by 71.1% during the first quarter. Commonwealth Equity Services LLC now owns 412,021 shares of the company’s stock valued at $26,584,000 after buying an additional 171,240 shares during the last quarter. 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 valued at $53,357,000 after acquiring an additional 76,821 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Invesco Water Resources ETF by 251.5% in the 1st quarter. Jones Financial Companies Lllp now owns 63,813 shares of the company’s stock worth $4,117,000 after acquiring an additional 45,657 shares during the last quarter. Finally, Strive Asset Management LLC bought a new position in Invesco Water Resources ETF in the 1st quarter valued at approximately $2,225,000.

Invesco Water Resources ETF Trading Up 0.4%

Invesco Water Resources ETF stock opened at $72.48 on Wednesday. Invesco Water Resources ETF has a 12 month low of $57.11 and a 12 month high of $74.93. The stock has a fifty day simple moving average of $72.36 and a two-hundred day simple moving average of $70.72. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 25.38 and a beta of 1.02.

Invesco Water Resources ETF Cuts Dividend

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

Invesco Water Resources ETF Company Profile

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.