HighTower Advisors LLC Purchases 5,881 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

HighTower Advisors LLC grew its position in Invesco Water Resources ETF (NASDAQ:PHO) by 1.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 411,275 shares of the company’s stock after acquiring an additional 5,881 shares during the quarter. HighTower Advisors LLC owned 1.27% of Invesco Water Resources ETF worth $27,058,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Wingate Wealth Advisors Inc. bought a new position in shares of Invesco Water Resources ETF during the 4th quarter valued at approximately $33,000. Sunbelt Securities Inc. bought a new position in shares of Invesco Water Resources ETF during the 3rd quarter valued at approximately $36,000. Kestra Investment Management LLC bought a new position in shares of Invesco Water Resources ETF during the 4th quarter valued at approximately $37,000. Principal Securities Inc. increased its position in shares of Invesco Water Resources ETF by 37.2% during the 4th quarter. Principal Securities Inc. now owns 590 shares of the company’s stock valued at $39,000 after purchasing an additional 160 shares during the last quarter. Finally, Bank of Jackson Hole Trust bought a new position in Invesco Water Resources ETF in the 4th quarter valued at $45,000.

Invesco Water Resources ETF Stock Up 1.9 %

Shares of Invesco Water Resources ETF stock opened at $65.01 on Friday. The stock’s fifty day moving average is $66.93 and its two-hundred day moving average is $68.52. The company has a market capitalization of $2.10 billion, a PE ratio of 25.82 and a beta of 0.96. Invesco Water Resources ETF has a 52 week low of $62.82 and a 52 week high of $72.59.

Invesco Water Resources ETF Announces Dividend

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