Raymond James Financial Inc. Acquires Shares of 525,970 Invesco Water Resources ETF (NASDAQ:PHO)

Raymond James Financial Inc. acquired a new stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 525,970 shares of the company’s stock, valued at approximately $34,604,000. Raymond James Financial Inc. owned 1.63% of Invesco Water Resources ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. IHT Wealth Management LLC increased its holdings in Invesco Water Resources ETF by 1.9% in the 3rd quarter. IHT Wealth Management LLC now owns 8,251 shares of the company’s stock worth $582,000 after acquiring an additional 151 shares in the last quarter. Principal Securities Inc. grew its holdings in shares of Invesco Water Resources ETF by 37.2% during the fourth quarter. Principal Securities Inc. now owns 590 shares of the company’s stock worth $39,000 after buying an additional 160 shares in the last quarter. Raab & Moskowitz Asset Management LLC grew its holdings in shares of Invesco Water Resources ETF by 0.3% during the third quarter. Raab & Moskowitz Asset Management LLC now owns 59,898 shares of the company’s stock worth $4,225,000 after buying an additional 180 shares in the last quarter. MML Investors Services LLC grew its holdings in shares of Invesco Water Resources ETF by 1.3% during the third quarter. MML Investors Services LLC now owns 14,625 shares of the company’s stock worth $1,032,000 after buying an additional 181 shares in the last quarter. Finally, Captrust Financial Advisors grew its holdings in shares of Invesco Water Resources ETF by 0.8% during the third quarter. Captrust Financial Advisors now owns 22,492 shares of the company’s stock worth $1,587,000 after buying an additional 189 shares in the last quarter.

Invesco Water Resources ETF Stock Down 1.0 %

Invesco Water Resources ETF stock opened at $63.77 on Friday. Invesco Water Resources ETF has a 52-week low of $62.82 and a 52-week high of $72.59. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 25.82 and a beta of 0.96. The company has a fifty day simple moving average of $66.96 and a 200-day simple moving average of $68.56.

Invesco Water Resources ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0923 per share. The ex-dividend date was Monday, December 23rd.

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.