Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC trimmed its holdings in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 3.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,522 shares of the company’s stock after selling 152 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Invesco Water Resources ETF were worth $319,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. 1832 Asset Management L.P. grew its position in Invesco Water Resources ETF by 147.7% in the 1st quarter. 1832 Asset Management L.P. now owns 524,079 shares of the company’s stock valued at $34,888,000 after acquiring an additional 312,475 shares in the last quarter. Cetera Investment Advisers grew its position in Invesco Water Resources ETF by 1,167.6% in the 1st quarter. Cetera Investment Advisers now owns 232,199 shares of the company’s stock valued at $15,457,000 after acquiring an additional 213,881 shares in the last quarter. Raymond James & Associates grew its position in Invesco Water Resources ETF by 159.4% in the 3rd quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock valued at $21,323,000 after acquiring an additional 185,770 shares in the last quarter. Prism Advisors Inc. grew its position in Invesco Water Resources ETF by 1,504.8% in the 2nd quarter. Prism Advisors Inc. now owns 149,822 shares of the company’s stock valued at $9,725,000 after acquiring an additional 140,486 shares in the last quarter. Finally, LPL Financial LLC grew its position in Invesco Water Resources ETF by 17.9% in the 2nd quarter. LPL Financial LLC now owns 668,590 shares of the company’s stock valued at $43,398,000 after acquiring an additional 101,342 shares in the last quarter.

Invesco Water Resources ETF Price Performance

NASDAQ PHO opened at $72.10 on Thursday. The company has a market cap of $2.35 billion, a P/E ratio of 37.18 and a beta of 0.96. The stock has a 50-day moving average of $69.32 and a two-hundred day moving average of $67.66. Invesco Water Resources ETF has a 1-year low of $52.40 and a 1-year high of $72.59.

Invesco Water Resources ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.28%. The ex-dividend date was Monday, September 23rd.

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.