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

Kestra Advisory Services LLC increased its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 12.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,836 shares of the company’s stock after buying an additional 9,566 shares during the period. Kestra Advisory Services LLC owned 0.29% of Invesco Water Resources ETF worth $5,672,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. NewEdge Advisors LLC increased its stake in Invesco Water Resources ETF by 5.3% during the 1st quarter. NewEdge Advisors LLC now owns 16,980 shares of the company’s stock worth $1,096,000 after acquiring an additional 853 shares during the period. Baird Financial Group Inc. lifted its position in shares of Invesco Water Resources ETF by 8.8% during the 2nd quarter. Baird Financial Group Inc. now owns 13,692 shares of the company’s stock valued at $957,000 after acquiring an additional 1,110 shares during the period. Brown Advisory Inc. grew its holdings in shares of Invesco Water Resources ETF by 4.0% during the 2nd quarter. Brown Advisory Inc. now owns 10,776 shares of the company’s stock worth $753,000 after purchasing an additional 413 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of Invesco Water Resources ETF by 2.2% during the 2nd quarter. Cerity Partners LLC now owns 59,490 shares of the company’s stock worth $4,160,000 after purchasing an additional 1,274 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Invesco Water Resources ETF in the second quarter worth $595,000.

Invesco Water Resources ETF Stock Down 0.7%

PHO stock opened at $68.31 on Thursday. The company has a market cap of $1.97 billion, a PE ratio of 25.38 and a beta of 0.96. The business has a 50-day simple moving average of $67.08 and a 200 day simple moving average of $69.39. 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 announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.1228 dividend. 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.