Invesco Water Resources ETF $PHO Shares Sold by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC cut its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 32.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,034 shares of the company’s stock after selling 1,430 shares during the period. JFS Wealth Advisors LLC’s holdings in Invesco Water Resources ETF were worth $212,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Crowley Wealth Management Inc. boosted its holdings in Invesco Water Resources ETF by 11.5% in the second quarter. Crowley Wealth Management Inc. now owns 1,450 shares of the company’s stock valued at $101,000 after purchasing an additional 150 shares during the period. Chicago Partners Investment Group LLC boosted its holdings in Invesco Water Resources ETF by 0.5% in the first quarter. Chicago Partners Investment Group LLC now owns 32,034 shares of the company’s stock valued at $2,095,000 after purchasing an additional 154 shares during the period. Wellington Shields & Co. LLC boosted its holdings in Invesco Water Resources ETF by 3.6% in the first quarter. Wellington Shields & Co. LLC now owns 4,772 shares of the company’s stock valued at $308,000 after purchasing an additional 167 shares during the period. US Bancorp DE boosted its holdings in Invesco Water Resources ETF by 1.6% in the first quarter. US Bancorp DE now owns 11,002 shares of the company’s stock valued at $710,000 after purchasing an additional 168 shares during the period. Finally, Verity Asset Management Inc. boosted its holdings in Invesco Water Resources ETF by 0.6% in the first quarter. Verity Asset Management Inc. now owns 27,618 shares of the company’s stock valued at $1,782,000 after purchasing an additional 178 shares during the period.

Invesco Water Resources ETF Trading Down 1.3%

NASDAQ:PHO opened at $71.76 on Friday. The firm has a market cap of $2.23 billion, a PE ratio of 25.38 and a beta of 0.96. The stock has a fifty day moving average price of $72.23 and a 200 day moving average price of $69.01. Invesco Water Resources ETF has a 12-month low of $57.11 and a 12-month high of $74.33.

Invesco Water Resources ETF Cuts Dividend

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

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.