Invesco Water Resources ETF (NASDAQ:PHO) Shares Sold by Verity Asset Management Inc.

Verity Asset Management Inc. trimmed its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 5.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,937 shares of the company’s stock after selling 1,914 shares during the period. Invesco Water Resources ETF makes up 0.8% of Verity Asset Management Inc.’s investment portfolio, making the stock its 26th largest holding. Verity Asset Management Inc. owned about 0.10% of Invesco Water Resources ETF worth $2,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. James Investment Research Inc. acquired a new position in Invesco Water Resources ETF during the third quarter worth approximately $225,000. Gladstone Institutional Advisory LLC grew its position in shares of Invesco Water Resources ETF by 31.3% during the third quarter. Gladstone Institutional Advisory LLC now owns 4,914 shares of the company’s stock worth $347,000 after acquiring an additional 1,170 shares during the last quarter. O ROURKE & COMPANY Inc increased its holdings in shares of Invesco Water Resources ETF by 0.8% in the 3rd quarter. O ROURKE & COMPANY Inc now owns 29,111 shares of the company’s stock valued at $2,053,000 after acquiring an additional 227 shares during the period. JFS Wealth Advisors LLC raised its position in Invesco Water Resources ETF by 24.9% in the 3rd quarter. JFS Wealth Advisors LLC now owns 4,771 shares of the company’s stock valued at $337,000 after purchasing an additional 951 shares during the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in Invesco Water Resources ETF during the 3rd quarter worth $209,000.

Invesco Water Resources ETF Stock Performance

NASDAQ PHO opened at $71.78 on Friday. The firm’s fifty day moving average is $69.37 and its two-hundred day moving average is $67.69. Invesco Water Resources ETF has a one year low of $52.42 and a one year high of $72.59. The firm has a market cap of $2.34 billion, a PE ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Cuts Dividend

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