B. Riley Wealth Advisors Inc. Has $890,000 Stock Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

B. Riley Wealth Advisors Inc. lowered its position in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 4.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,715 shares of the company’s stock after selling 584 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Invesco Water Resources ETF were worth $890,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. IHT Wealth Management LLC raised its stake in Invesco Water Resources ETF by 1.9% during the 3rd quarter. IHT Wealth Management LLC now owns 8,251 shares of the company’s stock worth $582,000 after buying an additional 151 shares during the period. Raab & Moskowitz Asset Management LLC lifted its holdings in shares of Invesco Water Resources ETF by 0.3% during the 3rd quarter. Raab & Moskowitz Asset Management LLC now owns 59,898 shares of the company’s stock valued at $4,225,000 after purchasing an additional 180 shares in the last quarter. MML Investors Services LLC grew its position in shares of Invesco Water Resources ETF by 1.3% in the 3rd quarter. MML Investors Services LLC now owns 14,625 shares of the company’s stock valued at $1,032,000 after purchasing an additional 181 shares during the period. Captrust Financial Advisors increased its stake in Invesco Water Resources ETF by 0.8% during the 3rd quarter. Captrust Financial Advisors now owns 22,492 shares of the company’s stock worth $1,587,000 after purchasing an additional 189 shares in the last quarter. Finally, O ROURKE & COMPANY Inc raised its holdings in Invesco Water Resources ETF by 0.8% during the 3rd quarter. O ROURKE & COMPANY Inc now owns 29,111 shares of the company’s stock worth $2,053,000 after buying an additional 227 shares during the period.

Invesco Water Resources ETF Trading Down 0.9 %

PHO opened at $68.73 on Wednesday. The stock has a market capitalization of $2.24 billion, a P/E ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a 12 month low of $58.32 and a 12 month high of $72.59. The firm’s fifty day simple moving average is $70.39 and its 200 day simple moving average is $68.50.

Invesco Water Resources ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a $0.05 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.29%.

Invesco Water Resources ETF 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.