Kestra Advisory Services LLC Acquires 9,566 Shares of Invesco Water Resources ETF $PHO

Kestra Advisory Services LLC raised its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 12.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 84,836 shares of the company’s stock after purchasing an additional 9,566 shares during the quarter. Kestra Advisory Services LLC’s holdings in Invesco Water Resources ETF were worth $5,672,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. City Holding Co. bought a new stake in shares of Invesco Water Resources ETF during the 4th quarter worth $28,000. Strengthening Families & Communities LLC acquired a new stake in Invesco Water Resources ETF in the fourth quarter valued at about $30,000. Investment Counsel Co. of Nevada bought a new position in Invesco Water Resources ETF in the fourth quarter valued at about $30,000. Geneos Wealth Management Inc. grew its position in Invesco Water Resources ETF by 156.5% in the second quarter. Geneos Wealth Management Inc. now owns 590 shares of the company’s stock valued at $41,000 after acquiring an additional 360 shares during the last quarter. Finally, Motiv8 Investments LLC acquired a new position in Invesco Water Resources ETF during the fourth quarter worth about $55,000.

Invesco Water Resources ETF Trading Down 0.7%

Shares of NASDAQ PHO opened at $68.31 on Thursday. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 25.38 and a beta of 0.96. Invesco Water Resources ETF has a 12 month low of $63.54 and a 12 month high of $74.93. The stock has a 50-day moving average price of $67.08 and a two-hundred day moving average price of $69.39.

Invesco Water Resources ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.1228 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.49 annualized dividend and a dividend yield of 0.7%.

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. The Fund invests in the sector such, such as industrials, utilities, healthcare, information technology and materials.