Comerica Bank Sells 1,041 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Comerica Bank reduced its position in shares of Invesco Water Resources ETF (NASDAQ:PHOGet Rating) by 16.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,150 shares of the company’s stock after selling 1,041 shares during the quarter. Comerica Bank’s holdings in Invesco Water Resources ETF were worth $271,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Eaton Vance Management grew its stake in shares of Invesco Water Resources ETF by 8.4% during the 4th quarter. Eaton Vance Management now owns 2,571 shares of the company’s stock valued at $143,000 after purchasing an additional 200 shares during the period. Nwam LLC lifted its position in shares of Invesco Water Resources ETF by 5.3% during the 4th quarter. Nwam LLC now owns 4,270 shares of the company’s stock valued at $260,000 after buying an additional 215 shares in the last quarter. National Asset Management Inc. lifted its position in shares of Invesco Water Resources ETF by 3.5% during the 4th quarter. National Asset Management Inc. now owns 9,981 shares of the company’s stock valued at $608,000 after buying an additional 335 shares in the last quarter. CENTRAL TRUST Co lifted its position in shares of Invesco Water Resources ETF by 5.5% during the 4th quarter. CENTRAL TRUST Co now owns 7,730 shares of the company’s stock valued at $471,000 after buying an additional 400 shares in the last quarter. Finally, Private Wealth Advisors LLC lifted its position in shares of Invesco Water Resources ETF by 2.1% during the 4th quarter. Private Wealth Advisors LLC now owns 22,185 shares of the company’s stock valued at $1,350,000 after buying an additional 450 shares in the last quarter.

Invesco Water Resources ETF Stock Up 1.1 %

PHO stock opened at $52.17 on Monday. Invesco Water Resources ETF has a twelve month low of $43.22 and a twelve month high of $61.11. The business’s 50-day moving average price is $47.48 and its 200-day moving average price is $50.00.

Invesco Water Resources ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Wednesday, June 22nd were given a dividend of $0.039 per share. This is a boost from Invesco Water Resources ETF’s previous quarterly dividend of $0.02. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date of this dividend was Tuesday, June 21st.

Invesco Water Resources ETF Company Profile

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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.

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Institutional Ownership by Quarter for Invesco Water Resources ETF (NASDAQ:PHO)

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