PNC Financial Services Group Inc. Sells 9,235 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

PNC Financial Services Group Inc. lowered its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 283,581 shares of the company’s stock after selling 9,235 shares during the quarter. PNC Financial Services Group Inc. owned 0.88% of Invesco Water Resources ETF worth $18,657,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of Invesco Water Resources ETF in the 4th quarter worth $34,604,000. Prism Advisors Inc. lifted its holdings in Invesco Water Resources ETF by 9.6% in the fourth quarter. Prism Advisors Inc. now owns 206,352 shares of the company’s stock valued at $13,576,000 after acquiring an additional 18,054 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Invesco Water Resources ETF in the fourth quarter valued at about $7,366,000. Stifel Financial Corp boosted its position in Invesco Water Resources ETF by 5.5% in the third quarter. Stifel Financial Corp now owns 106,627 shares of the company’s stock worth $7,522,000 after purchasing an additional 5,570 shares during the last quarter. Finally, Bedell Frazier Investment Counselling LLC grew its stake in shares of Invesco Water Resources ETF by 0.7% during the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 66,021 shares of the company’s stock valued at $4,657,000 after purchasing an additional 470 shares during the period.

Invesco Water Resources ETF Stock Down 0.6 %

Shares of NASDAQ:PHO opened at $66.69 on Tuesday. The stock has a market capitalization of $2.16 billion, a PE ratio of 25.82 and a beta of 1.00. The firm’s 50 day moving average price is $66.99 and its 200-day moving average price is $68.63. Invesco Water Resources ETF has a twelve month low of $62.82 and a twelve month high of $72.59.

Invesco Water Resources ETF Dividend Announcement

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

Invesco Water Resources ETF 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.