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

EJMK Ventures LLC bought a new stake in Invesco Water Resources ETF (NASDAQ:PHO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,796 shares of the company’s stock, valued at approximately $549,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Perigon Wealth Management LLC acquired a new stake in Invesco Water Resources ETF in the 4th quarter valued at $27,057,000. Corient Private Wealth LLC grew its holdings in shares of Invesco Water Resources ETF by 1,232.1% in the 4th quarter. Corient Private Wealth LLC now owns 248,991 shares of the company’s stock worth $17,531,000 after purchasing an additional 230,299 shares during the last quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new stake in Invesco Water Resources ETF during the fourth quarter worth about $13,963,000. Thryve Wealth Management LLC bought a new stake in Invesco Water Resources ETF during the 4th quarter worth approximately $6,812,000. Finally, WealthSpring Partners LLC bought a new stake in Invesco Water Resources ETF during the 4th quarter worth approximately $6,741,000.

Invesco Water Resources ETF Price Performance

PHO stock opened at $67.36 on Friday. The business has a fifty day moving average price of $67.31 and a 200 day moving average price of $69.77. Invesco Water Resources ETF has a fifty-two week low of $63.54 and a fifty-two week high of $74.93. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 25.38 and a beta of 0.97.

Invesco Water Resources ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be issued a dividend of $0.1228 per share. 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.