WealthSpring Partners LLC lessened its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO – Free Report) by 26.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,077 shares of the company’s stock after selling 26,266 shares during the period. Invesco Water Resources ETF accounts for approximately 5.5% of WealthSpring Partners LLC’s holdings, making the stock its 5th biggest position. WealthSpring Partners LLC’s holdings in Invesco Water Resources ETF were worth $4,957,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in PHO. Johnson Financial Group Inc. increased its holdings in shares of Invesco Water Resources ETF by 10.0% in the first quarter. Johnson Financial Group Inc. now owns 1,957 shares of the company’s stock worth $131,000 after purchasing an additional 178 shares during the last quarter. Pacific Sun Financial Corp lifted its position in shares of Invesco Water Resources ETF by 2.5% in the first quarter. Pacific Sun Financial Corp now owns 7,973 shares of the company’s stock worth $533,000 after buying an additional 195 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Invesco Water Resources ETF by 1.0% in the first quarter. Private Advisor Group LLC now owns 28,273 shares of the company’s stock worth $1,890,000 after buying an additional 285 shares in the last quarter. Parallel Advisors LLC boosted its stake in Invesco Water Resources ETF by 20.1% during the first quarter. Parallel Advisors LLC now owns 1,751 shares of the company’s stock valued at $117,000 after buying an additional 293 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC boosted its stake in Invesco Water Resources ETF by 7.2% during the first quarter. Walkner Condon Financial Advisors LLC now owns 4,645 shares of the company’s stock valued at $311,000 after buying an additional 312 shares during the last quarter.
Invesco Water Resources ETF Stock Up 0.2%
NASDAQ PHO traded up $0.12 during trading on Wednesday, hitting $69.19. 55,832 shares of the stock traded hands, compared to its average volume of 91,855. The company has a market capitalization of $1.93 billion, a P/E ratio of 25.38 and a beta of 0.95. The firm has a 50-day simple moving average of $70.10 and a 200-day simple moving average of $68.67. Invesco Water Resources ETF has a 12-month low of $63.54 and a 12-month high of $74.93.
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. The Fund invests in the sector such, such as industrials, utilities, healthcare, information technology and materials.
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