Invesco Water Resources ETF (NASDAQ:PHO) Sees Large Volume Increase

Invesco Water Resources ETF (NASDAQ:PHO) shares saw unusually-strong trading volume on Tuesday . Approximately 107,813 shares traded hands during trading, an increase of 49% from the previous session’s volume of 72,550 shares.The stock last traded at $63.66 and had previously closed at $63.57.

Invesco Water Resources ETF Trading Down 0.2 %

The company has a market cap of $2.03 billion, a P/E ratio of 34.93 and a beta of 0.96. The stock’s 50-day moving average price is $64.20 and its 200-day moving average price is $59.12.

Invesco Water Resources ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a $0.0629 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.25 annualized dividend and a yield of 0.40%.

Hedge Funds Weigh In On Invesco Water Resources ETF

Large investors have recently added to or reduced their stakes in the business. McGlone Suttner Wealth Management Inc. bought a new position in shares of Invesco Water Resources ETF during the 4th quarter worth approximately $25,000. Principal Securities Inc. bought a new position in shares of Invesco Water Resources ETF during the 4th quarter worth approximately $25,000. Ronald Blue Trust Inc. bought a new position in shares of Invesco Water Resources ETF during the 3rd quarter worth approximately $28,000. Farther Finance Advisors LLC bought a new position in shares of Invesco Water Resources ETF during the 2nd quarter worth approximately $34,000. Finally, Planned Solutions Inc. bought a new position in shares of Invesco Water Resources ETF during the 4th quarter worth approximately $35,000.

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.