Westside Investment Management Inc. Sells 608 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Westside Investment Management Inc. cut its position in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 28.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,514 shares of the company’s stock after selling 608 shares during the period. Westside Investment Management Inc.’s holdings in Invesco Water Resources ETF were worth $100,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James & Associates raised its holdings in shares of Invesco Water Resources ETF by 159.4% during the 3rd quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock worth $21,323,000 after acquiring an additional 185,770 shares in the last quarter. Prism Advisors Inc. raised its stake in Invesco Water Resources ETF by 25.7% during the third quarter. Prism Advisors Inc. now owns 188,298 shares of the company’s stock valued at $13,283,000 after purchasing an additional 38,476 shares in the last quarter. Bank of Montreal Can lifted its position in Invesco Water Resources ETF by 438.0% during the second quarter. Bank of Montreal Can now owns 36,624 shares of the company’s stock valued at $2,501,000 after purchasing an additional 29,816 shares during the last quarter. Prime Capital Investment Advisors LLC bought a new position in Invesco Water Resources ETF during the third quarter valued at $1,973,000. Finally, Westwind Capital grew its stake in shares of Invesco Water Resources ETF by 1,307.8% in the 3rd quarter. Westwind Capital now owns 23,102 shares of the company’s stock worth $1,630,000 after buying an additional 21,461 shares in the last quarter.

Invesco Water Resources ETF Trading Down 0.5 %

Shares of NASDAQ PHO opened at $68.39 on Thursday. Invesco Water Resources ETF has a 12-month low of $58.80 and a 12-month high of $72.59. The firm’s 50-day moving average price is $68.42 and its 200-day moving average price is $68.69. The stock has a market capitalization of $2.21 billion, a price-to-earnings ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Dividend Announcement

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

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.