Invesco Water Resources ETF (NASDAQ:PHO) Reaches New 52-Week High at $39.64

Invesco Water Resources ETF (NASDAQ:PHO) shares reached a new 52-week high on Thursday . The company traded as high as $39.64 and last traded at $39.64, with a volume of 6342 shares trading hands. The stock had previously closed at $39.29.

The business’s 50 day moving average is $38.26 and its two-hundred day moving average is $36.73.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 24th were paid a dividend of $0.0452 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Stifel Financial Corp lifted its stake in shares of Invesco Water Resources ETF by 8.3% during the 3rd quarter. Stifel Financial Corp now owns 29,786 shares of the company’s stock valued at $1,087,000 after buying an additional 2,271 shares in the last quarter. Equitable Trust Co. purchased a new position in shares of Invesco Water Resources ETF during the 3rd quarter valued at $207,000. First Allied Advisory Services Inc. increased its holdings in Invesco Water Resources ETF by 3.3% in the 3rd quarter. First Allied Advisory Services Inc. now owns 11,911 shares of the company’s stock valued at $437,000 after acquiring an additional 376 shares during the last quarter. BlackRock Inc. bought a new stake in Invesco Water Resources ETF in the 2nd quarter valued at $31,000. Finally, UBS Group AG increased its holdings in Invesco Water Resources ETF by 8.3% in the 2nd quarter. UBS Group AG now owns 430,447 shares of the company’s stock valued at $15,328,000 after acquiring an additional 33,126 shares during the last quarter.

Invesco Water Resources ETF Company Profile (NASDAQ:PHO)

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.

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