Curran Financial Partners LLC Invests $285,000 in Invesco Water Resources ETF $PHO

Curran Financial Partners LLC acquired a new position in shares of Invesco Water Resources ETF (NASDAQ:PHO) during the second quarter, Holdings Channel reports. The institutional investor acquired 4,073 shares of the company’s stock, valued at approximately $285,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. acquired a new stake in shares of Invesco Water Resources ETF during the 1st quarter worth approximately $25,000. Costello Asset Management INC purchased a new position in shares of Invesco Water Resources ETF during the 1st quarter valued at approximately $26,000. Garde Capital Inc. purchased a new position in shares of Invesco Water Resources ETF during the 2nd quarter valued at approximately $32,000. Golden State Wealth Management LLC lifted its position in shares of Invesco Water Resources ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 496 shares of the company’s stock valued at $32,000 after buying an additional 248 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Invesco Water Resources ETF during the 1st quarter valued at approximately $46,000.

Invesco Water Resources ETF Price Performance

Shares of NASDAQ:PHO opened at $73.10 on Friday. Invesco Water Resources ETF has a 1 year low of $57.11 and a 1 year high of $74.33. The firm has a market capitalization of $2.27 billion, a price-to-earnings ratio of 25.38 and a beta of 0.96. The business’s 50 day moving average price is $72.00 and its 200-day moving average price is $68.72.

Invesco Water Resources ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a dividend of $0.093 per share. The ex-dividend date was Monday, September 22nd. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.5%.

Invesco Water Resources ETF Company 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.