Invesco Water Resources ETF $PHO Stock Sold by NTV Asset Management LLC

NTV Asset Management LLC lowered its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 98.1% during the 3rd quarter, Holdings Channel reports. The firm owned 11,000 shares of the company’s stock after selling 565,530 shares during the quarter. NTV Asset Management LLC’s holdings in Invesco Water Resources ETF were worth $746,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Johnson Financial Group Inc. grew its position in shares of Invesco Water Resources ETF by 10.0% during the first quarter. Johnson Financial Group Inc. now owns 1,957 shares of the company’s stock valued at $131,000 after purchasing an additional 178 shares in the last quarter. Pacific Sun Financial Corp boosted its stake in Invesco Water Resources ETF by 2.5% during the first quarter. Pacific Sun Financial Corp now owns 7,973 shares of the company’s stock valued at $533,000 after buying an additional 195 shares during the last quarter. Private Advisor Group LLC boosted its stake in Invesco Water Resources ETF by 1.0% during the first quarter. Private Advisor Group LLC now owns 28,273 shares of the company’s stock valued at $1,890,000 after buying an additional 285 shares during the last quarter. Secure Asset Management LLC boosted its stake in Invesco Water Resources ETF by 1.7% during the third quarter. Secure Asset Management LLC now owns 16,828 shares of the company’s stock valued at $1,141,000 after buying an additional 286 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in Invesco Water Resources ETF by 20.1% during the 1st quarter. Parallel Advisors LLC now owns 1,751 shares of the company’s stock valued at $117,000 after buying an additional 293 shares in the last quarter.

Invesco Water Resources ETF Price Performance

NASDAQ PHO opened at $72.01 on Monday. Invesco Water Resources ETF has a 1-year low of $63.54 and a 1-year high of $74.93. The business has a 50 day simple moving average of $69.76 and a two-hundred day simple moving average of $68.89. The stock has a market capitalization of $2.00 billion, a PE ratio of 25.38 and a beta of 0.95.

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