2,960 Shares in Invesco Water Resources ETF (NASDAQ:PHO) Bought by Winthrop Advisory Group LLC

Winthrop Advisory Group LLC purchased a new stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 2,960 shares of the company’s stock, valued at approximately $209,000.

Other institutional investors have also made changes to their positions in the company. Ashton Thomas Private Wealth LLC acquired a new stake in Invesco Water Resources ETF during the second quarter worth about $25,000. ESL Trust Services LLC acquired a new stake in shares of Invesco Water Resources ETF during the 1st quarter worth approximately $27,000. Larson Financial Group LLC bought a new stake in shares of Invesco Water Resources ETF during the second quarter valued at approximately $34,000. ORG Partners LLC acquired a new position in shares of Invesco Water Resources ETF in the second quarter valued at $38,000. Finally, Rothschild Investment LLC acquired a new position in shares of Invesco Water Resources ETF in the second quarter valued at $42,000.

Invesco Water Resources ETF Price Performance

PHO opened at $71.78 on Friday. Invesco Water Resources ETF has a fifty-two week low of $52.42 and a fifty-two week high of $72.59. The company has a market capitalization of $2.34 billion, a P/E ratio of 37.18 and a beta of 0.96. The firm’s fifty day moving average price is $69.37 and its two-hundred day moving average price is $67.69.

Invesco Water Resources ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.28%. The ex-dividend date was Monday, September 23rd.

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.