OVERSEA CHINESE BANKING Corp Ltd Lowers Stock Position in Invesco Water Resources ETF (NASDAQ:PHO)

OVERSEA CHINESE BANKING Corp Ltd decreased its position in Invesco Water Resources ETF (NASDAQ:PHO) by 10.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,642 shares of the company’s stock after selling 1,739 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Invesco Water Resources ETF were worth $1,103,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. LPL Financial LLC increased its stake in shares of Invesco Water Resources ETF by 17.9% in the 2nd quarter. LPL Financial LLC now owns 668,590 shares of the company’s stock valued at $43,398,000 after purchasing an additional 101,342 shares in the last quarter. 1832 Asset Management L.P. increased its position in shares of Invesco Water Resources ETF by 147.7% in the first quarter. 1832 Asset Management L.P. now owns 524,079 shares of the company’s stock valued at $34,888,000 after buying an additional 312,475 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Invesco Water Resources ETF by 1.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 402,507 shares of the company’s stock worth $26,127,000 after buying an additional 5,493 shares during the period. Raymond James & Associates lifted its position in shares of Invesco Water Resources ETF by 159.4% during the 3rd quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock valued at $21,323,000 after buying an additional 185,770 shares in the last quarter. Finally, Osaic Holdings Inc. grew its stake in Invesco Water Resources ETF by 33.4% in the 1st quarter. Osaic Holdings Inc. now owns 268,709 shares of the company’s stock valued at $17,889,000 after acquiring an additional 67,228 shares during the period.

Invesco Water Resources ETF Stock Performance

Shares of NASDAQ PHO opened at $70.88 on Wednesday. The firm has a fifty day moving average of $69.48 and a 200 day moving average of $67.87. The firm has a market cap of $2.31 billion, a PE ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a one year low of $52.94 and a one year high of $72.59.

Invesco Water Resources ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.05 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.28%.

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.