EdgeRock Capital LLC Invests $235,000 in Invesco Water Resources ETF (NASDAQ:PHO)

EdgeRock Capital LLC purchased a new position in Invesco Water Resources ETF (NASDAQ:PHO) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,904 shares of the company’s stock, valued at approximately $235,000.

A number of other institutional investors have also bought and sold shares of the business. Apollon Wealth Management LLC increased its holdings in shares of Invesco Water Resources ETF by 8.1% in the fourth quarter. Apollon Wealth Management LLC now owns 33,056 shares of the company’s stock worth $2,012,000 after purchasing an additional 2,470 shares during the last quarter. Avalon Trust Co bought a new stake in Invesco Water Resources ETF during the fourth quarter worth approximately $55,000. Axxcess Wealth Management LLC bought a new stake in Invesco Water Resources ETF during the fourth quarter worth approximately $693,000. Millburn Ridgefield Corp bought a new stake in Invesco Water Resources ETF during the fourth quarter worth approximately $190,000. Finally, Commonwealth Equity Services LLC increased its stake in Invesco Water Resources ETF by 4.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 410,993 shares of the company’s stock worth $25,013,000 after acquiring an additional 18,491 shares during the last quarter.

Invesco Water Resources ETF Trading Up 0.5 %

Shares of NASDAQ PHO traded up $0.32 during trading hours on Tuesday, reaching $67.16. The stock had a trading volume of 242,971 shares, compared to its average volume of 74,446. The firm has a market cap of $2.15 billion, a price-to-earnings ratio of 34.90 and a beta of 0.96. The business’s fifty day moving average price is $64.90 and its two-hundred day moving average price is $60.47. Invesco Water Resources ETF has a 52-week low of $49.65 and a 52-week high of $67.31.

Invesco Water Resources ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.0629 per share. The ex-dividend date was Monday, March 18th. This represents a $0.25 dividend on an annualized basis and a yield of 0.37%.

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.