Rothschild Investment LLC purchased a new stake in Invesco Water Resources ETF (NASDAQ:PHO – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 650 shares of the company’s stock, valued at approximately $42,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. International Assets Investment Management LLC acquired a new position in Invesco Water Resources ETF during the fourth quarter worth $575,000. Principal Securities Inc. bought a new position in Invesco Water Resources ETF in the fourth quarter valued at $25,000. Northwest Financial Advisors bought a new position in Invesco Water Resources ETF in the fourth quarter valued at $87,000. Theory Financial LLC grew its position in Invesco Water Resources ETF by 2.1% in the fourth quarter. Theory Financial LLC now owns 67,418 shares of the company’s stock valued at $4,103,000 after purchasing an additional 1,366 shares in the last quarter. Finally, First United Bank & Trust bought a new position in Invesco Water Resources ETF in the fourth quarter valued at $203,000.
Invesco Water Resources ETF Trading Down 1.3 %
Invesco Water Resources ETF stock opened at $66.77 on Friday. The company has a market cap of $2.16 billion, a P/E ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a 1-year low of $49.65 and a 1-year high of $70.40. The company has a fifty day simple moving average of $67.52 and a 200 day simple moving average of $66.15.
Invesco Water Resources ETF Increases Dividend
About Invesco Water Resources ETF
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.
Read More
- Five stocks we like better than Invesco Water Resources ETF
- Stock Market Sectors: What Are They and How Many Are There?
- Emerging Markets: What They Are and Why They Matter
- Options Trading – Understanding Strike Price
- Recession or Not, These 3 Stocks Are Winners
- How to Use the MarketBeat Stock Screener
- Why NVIDIA Is More of a Screaming Buy Than Ever
Want to see what other hedge funds are holding PHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Water Resources ETF (NASDAQ:PHO – Free Report).
Receive News & Ratings for Invesco Water Resources ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Water Resources ETF and related companies with MarketBeat.com's FREE daily email newsletter.