Bard Financial Services Inc. Takes Position in Invesco Water Resources ETF (NASDAQ:PHO)


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Bard Financial Services Inc. purchased a new stake in Invesco Water Resources ETF (NASDAQ:PHO) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 33,500 shares of the company’s stock, valued at approximately $1,556,000.

Several other hedge funds also recently bought and sold shares of the company. Creative Planning increased its position in shares of Invesco Water Resources ETF by 8.6% in the 4th quarter. Creative Planning now owns 58,888 shares of the company’s stock valued at $2,735,000 after buying an additional 4,645 shares in the last quarter. Barometer Capital Management Inc. raised its stake in shares of Invesco Water Resources ETF by 7.4% in the 4th quarter. Barometer Capital Management Inc. now owns 12,500 shares of the company’s stock valued at $581,000 after purchasing an additional 865 shares during the period. Blair William & Co. IL lifted its holdings in shares of Invesco Water Resources ETF by 8.1% in the fourth quarter. Blair William & Co. IL now owns 125,696 shares of the company’s stock valued at $5,839,000 after purchasing an additional 9,370 shares in the last quarter. Miracle Mile Advisors LLC boosted its position in shares of Invesco Water Resources ETF by 5.5% during the fourth quarter. Miracle Mile Advisors LLC now owns 21,476 shares of the company’s stock worth $998,000 after buying an additional 1,127 shares during the period. Finally, AE Wealth Management LLC grew its holdings in shares of Invesco Water Resources ETF by 37.3% during the fourth quarter. AE Wealth Management LLC now owns 47,607 shares of the company’s stock worth $2,211,000 after buying an additional 12,945 shares in the last quarter.

NASDAQ PHO opened at $50.09 on Thursday. Invesco Water Resources ETF has a 52 week low of $31.43 and a 52 week high of $51.01. The stock’s 50 day moving average price is $48.69 and its two-hundred day moving average price is $46.81.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 31st. Stockholders of record on Tuesday, March 23rd were issued a $0.028 dividend. The ex-dividend date of this dividend was Monday, March 22nd. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.22%.

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.

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Want to see what other hedge funds are holding PHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Water Resources ETF (NASDAQ:PHO).

Institutional Ownership by Quarter for Invesco Water Resources ETF (NASDAQ:PHO)

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