Polianta Ltd Reduces Stock Position in Invesco Water Resources ETF $PHO

Polianta Ltd decreased its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 30.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 153,700 shares of the company’s stock after selling 67,900 shares during the period. Invesco Water Resources ETF comprises about 1.4% of Polianta Ltd’s holdings, making the stock its 8th largest position. Polianta Ltd owned approximately 0.52% of Invesco Water Resources ETF worth $10,821,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Eastern Bank bought a new position in Invesco Water Resources ETF during the 3rd quarter valued at $29,000. Assetmark Inc. grew its stake in shares of Invesco Water Resources ETF by 45.4% in the 3rd quarter. Assetmark Inc. now owns 589 shares of the company’s stock worth $42,000 after acquiring an additional 184 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Invesco Water Resources ETF by 156.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 590 shares of the company’s stock worth $41,000 after acquiring an additional 360 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Invesco Water Resources ETF by 79.3% in the third quarter. Blue Trust Inc. now owns 746 shares of the company’s stock valued at $54,000 after purchasing an additional 330 shares during the last quarter. Finally, Westfuller Advisors LLC purchased a new stake in shares of Invesco Water Resources ETF in the third quarter valued at about $58,000.

Invesco Water Resources ETF Stock Performance

Invesco Water Resources ETF stock opened at $65.54 on Tuesday. Invesco Water Resources ETF has a fifty-two week low of $57.11 and a fifty-two week high of $74.93. The firm’s 50-day simple moving average is $70.98 and its 200 day simple moving average is $71.67. The stock has a market cap of $1.94 billion, a PE ratio of 25.38 and a beta of 1.02.

Invesco Water Resources ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.1046 dividend. This is a boost from Invesco Water Resources ETF’s previous quarterly dividend of $0.08. This represents a $0.42 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, March 23rd.

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.