CW Advisors LLC Has $1.05 Million Stock Holdings in Invesco Water Resources ETF $PHO

CW Advisors LLC trimmed its position in Invesco Water Resources ETF (NASDAQ:PHO) by 49.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 15,069 shares of the company’s stock after selling 14,931 shares during the period. CW Advisors LLC’s holdings in Invesco Water Resources ETF were worth $1,054,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Crowley Wealth Management Inc. increased its holdings in Invesco Water Resources ETF by 11.5% in the 2nd quarter. Crowley Wealth Management Inc. now owns 1,450 shares of the company’s stock worth $101,000 after purchasing an additional 150 shares in the last quarter. US Bancorp DE grew its holdings in shares of Invesco Water Resources ETF by 1.6% during the first quarter. US Bancorp DE now owns 11,002 shares of the company’s stock worth $710,000 after purchasing an additional 168 shares during the last quarter. TD Private Client Wealth LLC increased its stake in shares of Invesco Water Resources ETF by 2.2% in the second quarter. TD Private Client Wealth LLC now owns 8,424 shares of the company’s stock valued at $589,000 after buying an additional 185 shares during the period. Baird Financial Group Inc. raised its holdings in Invesco Water Resources ETF by 1.6% in the 1st quarter. Baird Financial Group Inc. now owns 12,582 shares of the company’s stock valued at $812,000 after buying an additional 197 shares during the last quarter. Finally, National Bank of Canada FI boosted its position in Invesco Water Resources ETF by 1.8% during the 1st quarter. National Bank of Canada FI now owns 12,788 shares of the company’s stock worth $825,000 after buying an additional 229 shares during the period.

Invesco Water Resources ETF Price Performance

PHO opened at $71.31 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 company’s 50 day moving average price is $72.30 and its two-hundred day moving average price is $71.34. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 25.38 and a beta of 1.02.

Invesco Water Resources ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a $0.093 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, September 22nd.

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.