Invesco Water Resources ETF $PHO Shares Bought by Hamilton Wealth LLC

Hamilton Wealth LLC raised its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 110.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 247,036 shares of the company’s stock after buying an additional 129,405 shares during the period. Invesco Water Resources ETF makes up approximately 1.2% of Hamilton Wealth LLC’s portfolio, making the stock its 23rd largest position. Hamilton Wealth LLC’s holdings in Invesco Water Resources ETF were worth $16,517,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PHO. Golden State Equity Partners acquired a new stake in shares of Invesco Water Resources ETF in the fourth quarter valued at $609,000. D.A. Davidson & CO. grew its stake in Invesco Water Resources ETF by 62.7% during the 1st quarter. D.A. Davidson & CO. now owns 70,106 shares of the company’s stock worth $4,687,000 after purchasing an additional 27,010 shares in the last quarter. WealthSpring Partners LLC acquired a new position in Invesco Water Resources ETF during the 4th quarter worth $6,741,000. Thryve Wealth Management LLC purchased a new stake in Invesco Water Resources ETF during the 4th quarter worth about $6,812,000. Finally, SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new stake in Invesco Water Resources ETF during the 4th quarter worth about $13,963,000.

Invesco Water Resources ETF Price Performance

PHO stock opened at $71.03 on Thursday. The firm has a market capitalization of $2.03 billion, a P/E ratio of 25.38 and a beta of 0.96. The business’s 50-day moving average is $67.70 and its two-hundred day moving average is $69.22. Invesco Water Resources ETF has a 1 year low of $63.54 and a 1 year high of $74.93.

Invesco Water Resources ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.1228 per share. This represents a $0.49 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, June 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. The Fund invests in the sector such, such as industrials, utilities, healthcare, information technology and materials.