First National Bank & Trust Co. of Newtown Sells 17,263 Shares of Invesco Water Resources ETF $PHO

First National Bank & Trust Co. of Newtown reduced its position in Invesco Water Resources ETF (NASDAQ:PHO) by 15.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 94,896 shares of the company’s stock after selling 17,263 shares during the period. Invesco Water Resources ETF accounts for approximately 1.4% of First National Bank & Trust Co. of Newtown’s investment portfolio, making the stock its 14th largest holding. First National Bank & Trust Co. of Newtown owned approximately 0.32% of Invesco Water Resources ETF worth $6,345,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Perigon Wealth Management LLC acquired a new stake in shares of Invesco Water Resources ETF during the 4th quarter worth approximately $27,057,000. Corient Private Wealth LLC raised its position in shares of Invesco Water Resources ETF by 1,232.1% during the 4th quarter. Corient Private Wealth LLC now owns 248,991 shares of the company’s stock valued at $17,531,000 after acquiring an additional 230,299 shares during the last quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new stake in shares of Invesco Water Resources ETF during the 4th quarter valued at $13,963,000. Thryve Wealth Management LLC acquired a new position in shares of Invesco Water Resources ETF in the 4th quarter valued at $6,812,000. Finally, WealthSpring Partners LLC acquired a new position in shares of Invesco Water Resources ETF in the 4th quarter valued at $6,741,000.

Invesco Water Resources ETF Stock Up 0.6%

Shares of Invesco Water Resources ETF stock opened at $68.53 on Friday. Invesco Water Resources ETF has a 12 month low of $63.54 and a 12 month high of $74.93. The stock has a market cap of $1.97 billion, a PE ratio of 25.38 and a beta of 0.96. The business has a fifty day simple moving average of $67.05 and a 200 day simple moving average of $69.47.

Invesco Water Resources ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.1228 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.49 dividend on an annualized basis and a yield of 0.7%.

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