Aptus Capital Advisors LLC Sells 175 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Aptus Capital Advisors LLC trimmed its position in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 8.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,920 shares of the company’s stock after selling 175 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Invesco Water Resources ETF were worth $135,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Prime Capital Investment Advisors LLC purchased a new stake in Invesco Water Resources ETF in the third quarter worth $1,973,000. Bond & Devick Financial Network Inc. lifted its position in shares of Invesco Water Resources ETF by 17.8% in the 3rd quarter. Bond & Devick Financial Network Inc. now owns 18,527 shares of the company’s stock worth $1,307,000 after purchasing an additional 2,803 shares during the period. Kennebec Savings Bank bought a new stake in shares of Invesco Water Resources ETF during the 3rd quarter valued at about $60,000. Mesirow Financial Investment Management Inc. increased its position in shares of Invesco Water Resources ETF by 9.9% during the third quarter. Mesirow Financial Investment Management Inc. now owns 7,805 shares of the company’s stock valued at $551,000 after buying an additional 706 shares during the period. Finally, Winthrop Advisory Group LLC purchased a new position in shares of Invesco Water Resources ETF during the third quarter valued at about $209,000.

Invesco Water Resources ETF Price Performance

Shares of PHO opened at $69.18 on Friday. The company has a 50-day simple moving average of $69.67 and a two-hundred day simple moving average of $67.96. The firm has a market capitalization of $2.25 billion, a PE ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a one year low of $55.12 and a one year high of $72.59.

Invesco Water Resources ETF Cuts Dividend

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

About Invesco Water Resources ETF

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.