Fox Hill Wealth Management Lowers Stake in Invesco Water Resources ETF (NASDAQ:PHO)

Fox Hill Wealth Management cut its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 3.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,734 shares of the company’s stock after selling 592 shares during the quarter. Fox Hill Wealth Management owned approximately 0.05% of Invesco Water Resources ETF worth $1,167,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wingate Wealth Advisors Inc. acquired a new stake in Invesco Water Resources ETF in the 4th quarter valued at about $33,000. Sunbelt Securities Inc. acquired a new stake in Invesco Water Resources ETF in the 3rd quarter valued at about $36,000. Kestra Investment Management LLC acquired a new stake in Invesco Water Resources ETF in the 4th quarter valued at about $37,000. Principal Securities Inc. raised its holdings in Invesco Water Resources ETF by 37.2% in the 4th quarter. Principal Securities Inc. now owns 590 shares of the company’s stock valued at $39,000 after acquiring an additional 160 shares during the last quarter. Finally, Bank of Jackson Hole Trust acquired a new stake in Invesco Water Resources ETF in the 4th quarter valued at about $45,000.

Invesco Water Resources ETF Trading Down 0.1 %

PHO stock opened at $65.43 on Wednesday. The firm has a 50-day moving average of $66.92 and a two-hundred day moving average of $68.42. The company has a market cap of $2.11 billion, a price-to-earnings ratio of 25.82 and a beta of 0.96. Invesco Water Resources ETF has a 12 month low of $62.82 and a 12 month high of $72.59.

Invesco Water Resources ETF Announces Dividend

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