Sanctuary Advisors LLC Takes $242,000 Position in Invesco Water Resources ETF (NASDAQ:PHO)

Sanctuary Advisors LLC bought a new stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,747 shares of the company’s stock, valued at approximately $242,000.

Several other institutional investors have also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC purchased a new stake in Invesco Water Resources ETF in the 2nd quarter worth $25,000. ESL Trust Services LLC purchased a new stake in Invesco Water Resources ETF in the 1st quarter worth $27,000. Woodmont Investment Counsel LLC purchased a new stake in Invesco Water Resources ETF in the 1st quarter worth $27,000. Larson Financial Group LLC purchased a new stake in Invesco Water Resources ETF in the 2nd quarter worth $34,000. Finally, ORG Partners LLC purchased a new stake in Invesco Water Resources ETF in the 2nd quarter worth $38,000.

Invesco Water Resources ETF Stock Performance

Shares of NASDAQ PHO opened at $70.69 on Friday. Invesco Water Resources ETF has a one year low of $49.65 and a one year high of $71.47. The firm has a fifty day moving average of $69.08 and a 200 day moving average of $67.19. The firm has a market cap of $2.30 billion, a PE ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.05 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.20 annualized dividend and a yield of 0.28%.

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.