Sovran Advisors LLC decreased its holdings in Invesco Water Resources ETF (NASDAQ:PHO – Free Report) by 87.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,362 shares of the company’s stock after selling 23,511 shares during the quarter. Sovran Advisors LLC’s holdings in Invesco Water Resources ETF were worth $231,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. NewEdge Advisors LLC grew its stake in shares of Invesco Water Resources ETF by 5.3% during the 1st quarter. NewEdge Advisors LLC now owns 16,980 shares of the company’s stock worth $1,096,000 after purchasing an additional 853 shares during the period. Baird Financial Group Inc. lifted its stake in shares of Invesco Water Resources ETF by 8.8% in the second quarter. Baird Financial Group Inc. now owns 13,692 shares of the company’s stock valued at $957,000 after purchasing an additional 1,110 shares during the period. Brown Advisory Inc. lifted its stake in shares of Invesco Water Resources ETF by 4.0% in the second quarter. Brown Advisory Inc. now owns 10,776 shares of the company’s stock valued at $753,000 after purchasing an additional 413 shares during the period. Cerity Partners LLC lifted its stake in shares of Invesco Water Resources ETF by 2.2% in the second quarter. Cerity Partners LLC now owns 59,490 shares of the company’s stock valued at $4,160,000 after purchasing an additional 1,274 shares during the period. Finally, Jane Street Group LLC purchased a new stake in Invesco Water Resources ETF during the second quarter worth about $595,000.
Invesco Water Resources ETF Trading Down 0.2%
Shares of PHO opened at $68.76 on Wednesday. The firm’s 50-day moving average is $67.09 and its two-hundred day moving average is $69.41. Invesco Water Resources ETF has a twelve month low of $63.54 and a twelve month high of $74.93. The firm has a market capitalization of $1.98 billion, a P/E ratio of 25.38 and a beta of 0.96.
Invesco Water Resources ETF Announces Dividend
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. The Fund invests in the sector such, such as industrials, utilities, healthcare, information technology and materials.
Read More
- Five stocks we like better than Invesco Water Resources ETF
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Receive News & Ratings for Invesco Water Resources ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Water Resources ETF and related companies with MarketBeat.com's FREE daily email newsletter.
