Invesco Water Resources ETF $PHO Stock Sold by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC lessened its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 63.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 32,019 shares of the company’s stock after selling 56,681 shares during the period. Chicago Partners Investment Group LLC’s holdings in Invesco Water Resources ETF were worth $2,306,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of PHO. Eastern Bank acquired a new stake in shares of Invesco Water Resources ETF during the third quarter worth about $27,000. Next Level Wealth Planning LLC purchased a new position in shares of Invesco Water Resources ETF during the third quarter worth about $39,000. NBH Bank acquired a new stake in shares of Invesco Water Resources ETF during the second quarter worth about $47,000. John Boyer Inc. acquired a new stake in shares of Invesco Water Resources ETF during the third quarter worth about $63,000. Finally, Axiom Investment Management LLC acquired a new position in Invesco Water Resources ETF during the first quarter worth approximately $67,000.

Invesco Water Resources ETF Price Performance

PHO stock opened at $75.01 on Friday. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 27.98 and a beta of 0.94. The company has a fifty day moving average price of $70.32 and a 200 day moving average price of $69.64. Invesco Water Resources ETF has a 12 month low of $63.54 and a 12 month high of $77.71.

Invesco Water Resources ETF 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. The Fund invests in the sector such, such as industrials, utilities, healthcare, information technology and materials.