1,909 Shares in Invesco Water Resources ETF (NASDAQ:PHO) Purchased by EP Wealth Advisors LLC

EP Wealth Advisors LLC bought a new position in shares of Invesco Water Resources ETF (NASDAQ:PHO) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,909 shares of the company’s stock, valued at approximately $126,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Redwood Park Advisors LLC bought a new stake in Invesco Water Resources ETF in the fourth quarter valued at approximately $25,000. Crowley Wealth Management Inc. bought a new stake in Invesco Water Resources ETF in the fourth quarter valued at approximately $26,000. Wingate Wealth Advisors Inc. bought a new stake in Invesco Water Resources ETF in the fourth quarter valued at approximately $33,000. Kestra Investment Management LLC bought a new stake in Invesco Water Resources ETF in the fourth quarter valued at approximately $37,000. Finally, Principal Securities Inc. grew its position in shares of Invesco Water Resources ETF by 37.2% in the fourth quarter. Principal Securities Inc. now owns 590 shares of the company’s stock valued at $39,000 after purchasing an additional 160 shares during the last quarter.

Invesco Water Resources ETF Trading Up 1.4%

Shares of NASDAQ PHO opened at $68.18 on Friday. The firm has a market cap of $2.15 billion, a P/E ratio of 25.23 and a beta of 0.96. Invesco Water Resources ETF has a 1-year low of $57.11 and a 1-year high of $72.59. The business’s 50 day moving average is $64.12 and its 200-day moving average is $66.84.

Invesco Water Resources ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.098 per share. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco Water Resources ETF’s previous dividend of $0.09.

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.