EJMK Ventures LLC Invests $549,000 in Invesco Water Resources ETF $PHO

EJMK Ventures LLC purchased a new position in Invesco Water Resources ETF (NASDAQ:PHO) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,796 shares of the company’s stock, valued at approximately $549,000.

Several other institutional investors have also bought and sold shares of PHO. City Holding Co. purchased a new stake in Invesco Water Resources ETF during the fourth quarter valued at about $28,000. Strengthening Families & Communities LLC bought a new position in shares of Invesco Water Resources ETF in the fourth quarter worth $30,000. Investment Counsel Co. of Nevada bought a new position in shares of Invesco Water Resources ETF in the fourth quarter worth $30,000. Geneos Wealth Management Inc. grew its position in shares of Invesco Water Resources ETF by 156.5% in the second quarter. Geneos Wealth Management Inc. now owns 590 shares of the company’s stock valued at $41,000 after purchasing an additional 360 shares in the last quarter. Finally, Assetmark Inc. grew its position in shares of Invesco Water Resources ETF by 45.4% in the third quarter. Assetmark Inc. now owns 589 shares of the company’s stock valued at $42,000 after purchasing an additional 184 shares in the last quarter.

Invesco Water Resources ETF Stock Performance

NASDAQ:PHO opened at $67.36 on Friday. The business’s fifty day moving average is $67.31 and its 200 day moving average is $69.77. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of 25.38 and a beta of 0.97. Invesco Water Resources ETF has a 52-week low of $63.54 and a 52-week high of $74.93.

Invesco Water Resources ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be issued a $0.1228 dividend. The ex-dividend date of this dividend is Monday, June 22nd.

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. The Fund invests in the sector such, such as industrials, utilities, healthcare, information technology and materials.