Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC decreased its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 0.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,230 shares of the company’s stock after selling 199 shares during the quarter. SeaCrest Wealth Management LLC owned approximately 0.09% of Invesco Water Resources ETF worth $1,598,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PHO. HighTower Advisors LLC raised its position in shares of Invesco Water Resources ETF by 2.2% in the first quarter. HighTower Advisors LLC now owns 32,263 shares of the company’s stock worth $1,716,000 after acquiring an additional 685 shares during the period. Baird Financial Group Inc. raised its holdings in Invesco Water Resources ETF by 5.3% in the 1st quarter. Baird Financial Group Inc. now owns 29,307 shares of the company’s stock worth $1,554,000 after purchasing an additional 1,474 shares during the period. First Western Trust Bank purchased a new position in Invesco Water Resources ETF during the first quarter worth approximately $215,000. Equitable Holdings Inc. grew its holdings in Invesco Water Resources ETF by 7.5% in the first quarter. Equitable Holdings Inc. now owns 7,447 shares of the company’s stock valued at $395,000 after purchasing an additional 521 shares during the period. Finally, SS&H Financial Advisors Inc. purchased a new stake in shares of Invesco Water Resources ETF in the first quarter valued at approximately $382,000.

Invesco Water Resources ETF Trading Up 0.3 %

PHO traded up $0.17 during midday trading on Thursday, hitting $66.57. 40,229 shares of the company traded hands, compared to its average volume of 74,391. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 22.98 and a beta of 0.96. The business has a 50 day simple moving average of $62.89 and a two-hundred day simple moving average of $58.12. Invesco Water Resources ETF has a 52-week low of $49.65 and a 52-week high of $66.70.

Invesco Water Resources ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a $0.0629 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.25 dividend on an annualized basis and a yield of 0.38%.

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.