Lynx Investment Advisory Acquires Shares of 5,211 Invesco Water Resources ETF $PHO

Lynx Investment Advisory acquired a new stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,211 shares of the company’s stock, valued at approximately $336,000.

Several other large investors have also bought and sold shares of the stock. LPL Financial LLC lifted its stake in Invesco Water Resources ETF by 10.2% during the 1st quarter. LPL Financial LLC now owns 826,990 shares of the company’s stock valued at $53,357,000 after acquiring an additional 76,821 shares in the last quarter. 1832 Asset Management L.P. lifted its stake in Invesco Water Resources ETF by 1.8% during the 1st quarter. 1832 Asset Management L.P. now owns 500,911 shares of the company’s stock valued at $32,319,000 after acquiring an additional 8,757 shares in the last quarter. HighTower Advisors LLC lifted its stake in Invesco Water Resources ETF by 1.1% during the 1st quarter. HighTower Advisors LLC now owns 415,878 shares of the company’s stock valued at $26,832,000 after acquiring an additional 4,603 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in Invesco Water Resources ETF by 71.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 412,021 shares of the company’s stock valued at $26,584,000 after acquiring an additional 171,240 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in Invesco Water Resources ETF by 2.6% during the 4th quarter. Royal Bank of Canada now owns 405,324 shares of the company’s stock valued at $26,666,000 after acquiring an additional 10,405 shares in the last quarter.

Invesco Water Resources ETF Price Performance

NASDAQ PHO opened at $72.34 on Friday. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 25.38 and a beta of 0.96. Invesco Water Resources ETF has a one year low of $57.11 and a one year high of $74.33. The business’s fifty day moving average is $71.74 and its 200-day moving average is $68.10.

Invesco Water Resources ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were paid a dividend of $0.1063 per share. This represents a $0.43 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, June 23rd. This is a positive change from Invesco Water Resources ETF’s previous quarterly dividend of $0.05.

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.