Secure Asset Management LLC Grows Position in Invesco Water Resources ETF (NASDAQ:PHO)

Secure Asset Management LLC increased its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 9.5% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 5,441 shares of the company’s stock after buying an additional 471 shares during the quarter. Secure Asset Management LLC’s holdings in Invesco Water Resources ETF were worth $358,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Sunbelt Securities Inc. bought a new stake in shares of Invesco Water Resources ETF in the third quarter worth approximately $36,000. McClarren Financial Advisors Inc. boosted its holdings in Invesco Water Resources ETF by 424.0% in the third quarter. McClarren Financial Advisors Inc. now owns 676 shares of the company’s stock worth $48,000 after purchasing an additional 547 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Invesco Water Resources ETF in the 3rd quarter worth approximately $54,000. Kennebec Savings Bank purchased a new stake in Invesco Water Resources ETF during the 3rd quarter valued at $60,000. Finally, Bristlecone Advisors LLC bought a new position in shares of Invesco Water Resources ETF during the 3rd quarter valued at $73,000.

Invesco Water Resources ETF Price Performance

Shares of PHO opened at $67.75 on Friday. The firm has a market capitalization of $2.19 billion, a P/E ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a one year low of $59.05 and a one year high of $72.59. The business has a fifty day moving average of $68.37 and a 200 day moving average of $68.71.

Invesco Water Resources ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0923 per share. The ex-dividend date was Monday, December 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.