4,173 Shares in Invesco Water Resources ETF (NASDAQ:PHO) Acquired by Turning Point Benefit Group Inc.

Turning Point Benefit Group Inc. bought a new position in Invesco Water Resources ETF (NASDAQ:PHO) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 4,173 shares of the company’s stock, valued at approximately $275,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in PHO. Raymond James & Associates raised its holdings in shares of Invesco Water Resources ETF by 159.4% during the third quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock valued at $21,323,000 after acquiring an additional 185,770 shares during the period. Prism Advisors Inc. grew its position in Invesco Water Resources ETF by 9.6% in the fourth quarter. Prism Advisors Inc. now owns 206,352 shares of the company’s stock worth $13,576,000 after acquiring an additional 18,054 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in Invesco Water Resources ETF in the fourth quarter worth approximately $7,366,000. Stifel Financial Corp lifted its stake in shares of Invesco Water Resources ETF by 5.5% in the third quarter. Stifel Financial Corp now owns 106,627 shares of the company’s stock worth $7,522,000 after buying an additional 5,570 shares during the last quarter. Finally, Bedell Frazier Investment Counselling LLC lifted its stake in shares of Invesco Water Resources ETF by 0.7% in the third quarter. Bedell Frazier Investment Counselling LLC now owns 66,021 shares of the company’s stock worth $4,657,000 after buying an additional 470 shares during the last quarter.

Invesco Water Resources ETF Trading Down 1.4 %

Shares of Invesco Water Resources ETF stock opened at $66.28 on Friday. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 26.66 and a beta of 1.00. Invesco Water Resources ETF has a 1-year low of $62.82 and a 1-year high of $72.59. The firm has a fifty day simple moving average of $67.06 and a 200-day simple moving average of $68.68.

Invesco Water Resources ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.0923 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.