Stratos Wealth Partners LTD. Lowers Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

Stratos Wealth Partners LTD. lowered its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 7.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,100 shares of the company’s stock after selling 564 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Invesco Water Resources ETF were worth $467,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Sanctuary Advisors LLC purchased a new position in shares of Invesco Water Resources ETF during the second quarter worth $242,000. Creative Planning grew its stake in shares of Invesco Water Resources ETF by 0.5% during the third quarter. Creative Planning now owns 58,728 shares of the company’s stock worth $4,143,000 after purchasing an additional 294 shares in the last quarter. Prism Advisors Inc. raised its stake in Invesco Water Resources ETF by 25.7% in the third quarter. Prism Advisors Inc. now owns 188,298 shares of the company’s stock valued at $13,283,000 after buying an additional 38,476 shares in the last quarter. Bleakley Financial Group LLC purchased a new stake in Invesco Water Resources ETF during the 3rd quarter worth about $292,000. Finally, Raymond James & Associates boosted its position in shares of Invesco Water Resources ETF by 159.4% during the 3rd quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock worth $21,323,000 after acquiring an additional 185,770 shares in the last quarter.

Invesco Water Resources ETF Stock Performance

PHO opened at $68.09 on Wednesday. Invesco Water Resources ETF has a one year low of $61.05 and a one year high of $72.59. The company has a market cap of $2.20 billion, a P/E ratio of 37.18 and a beta of 0.96. The business’s 50-day simple moving average is $67.63 and its 200-day simple moving average is $68.76.

Invesco Water Resources ETF Dividend Announcement

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