NTV Asset Management LLC Decreases Position in Invesco Water Resources ETF $PHO

NTV Asset Management LLC lessened its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 1.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,115 shares of the company’s stock after selling 150 shares during the quarter. NTV Asset Management LLC’s holdings in Invesco Water Resources ETF were worth $847,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. LPL Financial LLC raised its position in Invesco Water Resources ETF by 10.2% in the 1st quarter. LPL Financial LLC now owns 826,990 shares of the company’s stock worth $53,357,000 after purchasing an additional 76,821 shares during the period. 1832 Asset Management L.P. raised its position in Invesco Water Resources ETF by 1.8% in the 1st quarter. 1832 Asset Management L.P. now owns 500,911 shares of the company’s stock worth $32,319,000 after purchasing an additional 8,757 shares during the period. HighTower Advisors LLC raised its position in Invesco Water Resources ETF by 1.1% in the 1st quarter. HighTower Advisors LLC now owns 415,878 shares of the company’s stock worth $26,832,000 after purchasing an additional 4,603 shares during the period. Commonwealth Equity Services LLC grew its holdings in Invesco Water Resources ETF by 71.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 412,021 shares of the company’s stock worth $26,584,000 after acquiring an additional 171,240 shares during the last quarter. Finally, Gitterman Wealth Management LLC bought a new stake in Invesco Water Resources ETF in the 1st quarter worth $23,448,000.

Invesco Water Resources ETF Stock Up 0.6%

Shares of Invesco Water Resources ETF stock opened at $73.10 on Friday. The firm has a market cap of $2.27 billion, a PE ratio of 25.38 and a beta of 0.96. Invesco Water Resources ETF has a 12-month low of $57.11 and a 12-month high of $74.33. The company’s fifty day simple moving average is $72.00 and its two-hundred day simple moving average is $68.72.

Invesco Water Resources ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a $0.093 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, September 22nd.

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.