Conservest Capital Advisors Inc. Sells 1,834 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Conservest Capital Advisors Inc. reduced its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 73,658 shares of the company’s stock after selling 1,834 shares during the quarter. Invesco Water Resources ETF comprises 0.5% of Conservest Capital Advisors Inc.’s investment portfolio, making the stock its 25th largest position. Conservest Capital Advisors Inc. owned approximately 0.23% of Invesco Water Resources ETF worth $4,483,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its stake in shares of Invesco Water Resources ETF by 1.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 392,502 shares of the company’s stock valued at $20,873,000 after purchasing an additional 3,883 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Invesco Water Resources ETF by 2.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 142,054 shares of the company’s stock valued at $7,554,000 after purchasing an additional 3,976 shares during the period. Stratos Wealth Partners LTD. lifted its stake in shares of Invesco Water Resources ETF by 6.3% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 8,638 shares of the company’s stock valued at $459,000 after purchasing an additional 513 shares during the period. TIAA Trust National Association purchased a new position in shares of Invesco Water Resources ETF in the 3rd quarter valued at approximately $382,000. Finally, Bogart Wealth LLC lifted its stake in shares of Invesco Water Resources ETF by 1.3% in the 3rd quarter. Bogart Wealth LLC now owns 33,731 shares of the company’s stock valued at $1,794,000 after purchasing an additional 429 shares during the period.

Invesco Water Resources ETF Stock Performance

Shares of PHO traded up $0.03 on Friday, reaching $64.65. The stock had a trading volume of 34,907 shares, compared to its average volume of 71,952. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 34.90 and a beta of 0.96. The company has a 50-day simple moving average of $64.56 and a 200-day simple moving average of $59.78. Invesco Water Resources ETF has a 12-month low of $49.65 and a 12-month high of $66.74.

Invesco Water Resources ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.0629 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date was Monday, March 18th.

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.