Traphagen Investment Advisors LLC Sells 266 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

Traphagen Investment Advisors LLC lessened its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 5.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,235 shares of the company’s stock after selling 266 shares during the quarter. Traphagen Investment Advisors LLC’s holdings in Invesco Water Resources ETF were worth $279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in PHO. Raymond James & Associates increased its holdings in Invesco Water Resources ETF by 159.4% during the third quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock worth $21,323,000 after buying an additional 185,770 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of Invesco Water Resources ETF by 0.9% during the 2nd quarter. Cetera Investment Advisers now owns 234,289 shares of the company’s stock worth $15,208,000 after purchasing an additional 2,090 shares during the last quarter. Prism Advisors Inc. raised its holdings in shares of Invesco Water Resources ETF by 25.7% in the 3rd quarter. Prism Advisors Inc. now owns 188,298 shares of the company’s stock worth $13,283,000 after purchasing an additional 38,476 shares during the period. CWM LLC lifted its stake in Invesco Water Resources ETF by 4.6% in the third quarter. CWM LLC now owns 120,440 shares of the company’s stock valued at $8,496,000 after purchasing an additional 5,319 shares during the last quarter. Finally, Stifel Financial Corp grew its holdings in Invesco Water Resources ETF by 5.5% during the third quarter. Stifel Financial Corp now owns 106,627 shares of the company’s stock valued at $7,522,000 after purchasing an additional 5,570 shares during the period.

Invesco Water Resources ETF Price Performance

Shares of PHO opened at $68.75 on Wednesday. Invesco Water Resources ETF has a 1 year low of $58.80 and a 1 year high of $72.59. The stock’s fifty day moving average price is $68.47 and its two-hundred day moving average price is $68.69. The firm has a market cap of $2.22 billion, a PE ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

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