Bleakley Financial Group LLC Makes New $292,000 Investment in Invesco Water Resources ETF (NASDAQ:PHO)

Bleakley Financial Group LLC bought a new position in Invesco Water Resources ETF (NASDAQ:PHO) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 4,144 shares of the company’s stock, valued at approximately $292,000.

A number of other hedge funds have also bought and sold shares of the business. Cetera Advisors LLC increased its position in shares of Invesco Water Resources ETF by 274.6% during the 1st quarter. Cetera Advisors LLC now owns 17,971 shares of the company’s stock valued at $1,196,000 after purchasing an additional 13,173 shares during the last quarter. Creative Planning increased its position in shares of Invesco Water Resources ETF by 2.0% during the 2nd quarter. Creative Planning now owns 58,434 shares of the company’s stock valued at $3,793,000 after purchasing an additional 1,120 shares during the last quarter. Comerica Bank increased its position in shares of Invesco Water Resources ETF by 8.9% during the 1st quarter. Comerica Bank now owns 23,233 shares of the company’s stock valued at $1,547,000 after purchasing an additional 1,904 shares during the last quarter. Raymond James & Associates increased its position in shares of Invesco Water Resources ETF by 30.3% during the 2nd quarter. Raymond James & Associates now owns 116,508 shares of the company’s stock valued at $7,563,000 after purchasing an additional 27,112 shares during the last quarter. Finally, 1832 Asset Management L.P. increased 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 valued at $34,888,000 after purchasing an additional 312,475 shares during the last quarter.

Invesco Water Resources ETF Trading Down 0.3 %

Invesco Water Resources ETF stock opened at $69.41 on Thursday. The firm has a 50 day moving average of $69.24 and a 200 day moving average of $67.29. The firm has a market capitalization of $2.26 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 $71.47.

Invesco Water Resources ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.29%. The ex-dividend date of this dividend was Monday, September 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.