Captrust Financial Advisors Purchases 782 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Captrust Financial Advisors lifted its position in Invesco Water Resources ETF (NASDAQ:PHO) by 3.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,274 shares of the company’s stock after acquiring an additional 782 shares during the period. Captrust Financial Advisors owned 0.07% of Invesco Water Resources ETF worth $1,531,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Principal Securities Inc. grew its stake in shares of Invesco Water Resources ETF by 37.2% in the 4th quarter. Principal Securities Inc. now owns 590 shares of the company’s stock worth $39,000 after buying an additional 160 shares during the last quarter. Independent Advisor Alliance purchased a new stake in shares of Invesco Water Resources ETF in the 4th quarter worth approximately $639,000. JPMorgan Chase & Co. grew its stake in shares of Invesco Water Resources ETF by 44.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 50,234 shares of the company’s stock worth $3,544,000 after buying an additional 15,339 shares during the last quarter. Wealthfront Advisers LLC grew its stake in shares of Invesco Water Resources ETF by 10.2% in the 4th quarter. Wealthfront Advisers LLC now owns 5,912 shares of the company’s stock worth $389,000 after buying an additional 549 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its stake in shares of Invesco Water Resources ETF by 22.2% in the 4th quarter. Sanctuary Advisors LLC now owns 4,580 shares of the company’s stock worth $314,000 after buying an additional 832 shares during the last quarter.

Invesco Water Resources ETF Trading Down 0.1%

Shares of PHO opened at $68.19 on Wednesday. The business’s fifty day simple moving average is $64.09 and its two-hundred day simple moving average is $66.85. Invesco Water Resources ETF has a 12 month low of $57.11 and a 12 month high of $72.59. The company has a market cap of $2.15 billion, a price-to-earnings ratio of 25.23 and a beta of 0.96.

Invesco Water Resources ETF Increases Dividend

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

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.