Invesco Water Resources ETF (NASDAQ:PHO) Stake Lowered by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC lessened its stake in shares of Invesco Water Resources ETF (NASDAQ:PHOFree Report) by 4.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 8,920 shares of the company’s stock after selling 425 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Invesco Water Resources ETF were worth $474,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Chicago Partners Investment Group LLC increased its position in Invesco Water Resources ETF by 0.7% during the second quarter. Chicago Partners Investment Group LLC now owns 31,862 shares of the company’s stock worth $1,842,000 after buying an additional 210 shares during the last quarter. Spire Wealth Management lifted its stake in shares of Invesco Water Resources ETF by 1.3% in the third quarter. Spire Wealth Management now owns 16,588 shares of the company’s stock valued at $882,000 after buying an additional 211 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Invesco Water Resources ETF by 4.7% in the second quarter. JPMorgan Chase & Co. now owns 5,512 shares of the company’s stock valued at $311,000 after buying an additional 246 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Invesco Water Resources ETF by 65.8% in the second quarter. Geneos Wealth Management Inc. now owns 630 shares of the company’s stock valued at $36,000 after buying an additional 250 shares during the period. Finally, McElhenny Sheffield Capital Management LLC lifted its stake in shares of Invesco Water Resources ETF by 5.5% in the third quarter. McElhenny Sheffield Capital Management LLC now owns 4,820 shares of the company’s stock valued at $256,000 after buying an additional 250 shares during the period.

Invesco Water Resources ETF Stock Up 0.5 %

Shares of PHO opened at $62.20 on Monday. Invesco Water Resources ETF has a 12 month low of $49.65 and a 12 month high of $62.30. The company has a 50-day moving average price of $59.58 and a two-hundred day moving average price of $56.35. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 22.98 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Tuesday, December 19th were paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend was Monday, December 18th.

About Invesco Water Resources ETF

(Free Report)

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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