Mercer Global Advisors Inc. ADV Raises Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

Mercer Global Advisors Inc. ADV lifted its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 0.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,470 shares of the company’s stock after buying an additional 301 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.15% of Invesco Water Resources ETF worth $3,146,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. 1832 Asset Management L.P. boosted its position in shares of Invesco Water Resources ETF by 147.7% during the 1st quarter. 1832 Asset Management L.P. now owns 524,079 shares of the company’s stock worth $34,888,000 after purchasing an additional 312,475 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Invesco Water Resources ETF by 1,167.6% in the first quarter. Cetera Investment Advisers now owns 232,199 shares of the company’s stock valued at $15,457,000 after purchasing an additional 213,881 shares during the period. Prism Advisors Inc. boosted its holdings in Invesco Water Resources ETF by 1,504.8% during the second quarter. Prism Advisors Inc. now owns 149,822 shares of the company’s stock worth $9,725,000 after buying an additional 140,486 shares in the last quarter. LPL Financial LLC grew its position in Invesco Water Resources ETF by 17.9% during the second quarter. LPL Financial LLC now owns 668,590 shares of the company’s stock worth $43,398,000 after buying an additional 101,342 shares during the period. Finally, Osaic Holdings Inc. grew its position in Invesco Water Resources ETF by 33.4% during the first quarter. Osaic Holdings Inc. now owns 268,709 shares of the company’s stock worth $17,889,000 after buying an additional 67,228 shares during the period.

Invesco Water Resources ETF Trading Down 1.2 %

PHO stock opened at $69.30 on Monday. The firm has a 50 day moving average of $68.27 and a 200-day moving average of $66.53. The company has a market cap of $2.24 billion, a price-to-earnings ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a 12-month low of $49.65 and a 12-month high of $70.40.

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.