SageView Advisory Group LLC Acquires 3,138 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

SageView Advisory Group LLC raised its holdings in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 32.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 12,788 shares of the company’s stock after buying an additional 3,138 shares during the quarter. SageView Advisory Group LLC’s holdings in Invesco Water Resources ETF were worth $773,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Axxcess Wealth Management LLC bought a new position in Invesco Water Resources ETF during the fourth quarter valued at about $693,000. US Financial Advisors LLC raised its stake in shares of Invesco Water Resources ETF by 8.2% in the fourth quarter. US Financial Advisors LLC now owns 4,587 shares of the company’s stock valued at $279,000 after purchasing an additional 348 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its position in Invesco Water Resources ETF by 8.7% in the third quarter. B. Riley Wealth Advisors Inc. now owns 24,850 shares of the company’s stock worth $1,322,000 after purchasing an additional 1,984 shares during the period. D.A. Davidson & CO. boosted its stake in Invesco Water Resources ETF by 0.6% during the fourth quarter. D.A. Davidson & CO. now owns 26,749 shares of the company’s stock worth $1,628,000 after buying an additional 161 shares in the last quarter. Finally, Verity Asset Management Inc. increased its holdings in Invesco Water Resources ETF by 0.6% in the 3rd quarter. Verity Asset Management Inc. now owns 31,868 shares of the company’s stock valued at $1,695,000 after buying an additional 191 shares during the period.

Invesco Water Resources ETF Stock Up 0.5 %

NASDAQ PHO opened at $65.89 on Tuesday. The stock has a market cap of $2.11 billion, a P/E ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a twelve month low of $49.65 and a twelve month high of $68.97. The company’s 50-day simple moving average is $65.91 and its 200 day simple moving average is $63.19.

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.