Whittier Trust Co. of Nevada Inc. Has $898,000 Stock Holdings in Invesco Water Resources ETF $PHO

Whittier Trust Co. of Nevada Inc. increased its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 126.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 13,250 shares of the company’s stock after buying an additional 7,400 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Invesco Water Resources ETF were worth $898,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PHO. Ascentis Independent Advisors raised its holdings in shares of Invesco Water Resources ETF by 19.9% in the 1st quarter. Ascentis Independent Advisors now owns 10,379 shares of the company’s stock worth $694,000 after buying an additional 1,726 shares in the last quarter. Bravias Capital Group LLC boosted its stake in Invesco Water Resources ETF by 9.6% in the 1st quarter. Bravias Capital Group LLC now owns 25,242 shares of the company’s stock valued at $1,688,000 after buying an additional 2,221 shares in the last quarter. Walkner Condon Financial Advisors LLC boosted its stake in Invesco Water Resources ETF by 7.2% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 4,645 shares of the company’s stock valued at $311,000 after buying an additional 312 shares in the last quarter. Osborne Partners Capital Management LLC grew its position in Invesco Water Resources ETF by 14.0% in the first quarter. Osborne Partners Capital Management LLC now owns 4,077 shares of the company’s stock valued at $273,000 after acquiring an additional 500 shares during the period. Finally, PFG Investments LLC grew its position in Invesco Water Resources ETF by 1.9% in the first quarter. PFG Investments LLC now owns 20,379 shares of the company’s stock valued at $1,363,000 after acquiring an additional 374 shares during the period.

Invesco Water Resources ETF Price Performance

Invesco Water Resources ETF stock opened at $69.31 on Wednesday. The firm has a market capitalization of $1.99 billion, a P/E ratio of 25.38 and a beta of 0.96. The stock has a fifty day moving average price of $67.08 and a two-hundred day moving average price of $69.52. Invesco Water Resources ETF has a 52-week low of $63.54 and a 52-week high of $74.93.

Invesco Water Resources ETF Announces Dividend

The company 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. This represents a $0.49 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, June 22nd.

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