Millstone Evans Group LLC Takes Position in Invesco Water Resources ETF (NASDAQ:PHO)

Millstone Evans Group LLC bought a new stake in Invesco Water Resources ETF (NASDAQ:PHO) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,302 shares of the company’s stock, valued at approximately $217,000.

A number of other institutional investors also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Invesco Water Resources ETF in the third quarter valued at approximately $54,000. Principal Securities Inc. increased its holdings in shares of Invesco Water Resources ETF by 37.2% in the fourth quarter. Principal Securities Inc. now owns 590 shares of the company’s stock valued at $39,000 after purchasing an additional 160 shares in the last quarter. Glenmede Trust Co. NA increased its holdings in shares of Invesco Water Resources ETF by 8.1% in the third quarter. Glenmede Trust Co. NA now owns 21,400 shares of the company’s stock valued at $1,510,000 after purchasing an additional 1,600 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Invesco Water Resources ETF by 44.0% in the third quarter. JPMorgan Chase & Co. now owns 50,234 shares of the company’s stock valued at $3,544,000 after purchasing an additional 15,339 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in shares of Invesco Water Resources ETF by 22.2% in the fourth quarter. Sanctuary Advisors LLC now owns 4,580 shares of the company’s stock valued at $314,000 after purchasing an additional 832 shares in the last quarter.

Invesco Water Resources ETF Price Performance

Shares of Invesco Water Resources ETF stock opened at $64.34 on Friday. The firm has a market cap of $2.08 billion, a P/E ratio of 25.82 and a beta of 0.96. The firm has a 50 day simple moving average of $66.91 and a 200 day simple moving average of $68.34. Invesco Water Resources ETF has a fifty-two week low of $62.82 and a fifty-two week high of $72.59.

Invesco Water Resources ETF Announces Dividend

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

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.