D.A. Davidson & CO. Has $1.63 Million Stock Position in Invesco Water Resources ETF (NASDAQ:PHO)

D.A. Davidson & CO. increased its holdings in Invesco Water Resources ETF (NASDAQ:PHO) by 0.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,749 shares of the company’s stock after acquiring an additional 161 shares during the period. D.A. Davidson & CO. owned about 0.08% of Invesco Water Resources ETF worth $1,628,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. McGlone Suttner Wealth Management Inc. bought a new position in Invesco Water Resources ETF during the 4th quarter valued at $25,000. Principal Securities Inc. purchased a new stake in shares of Invesco Water Resources ETF in the fourth quarter valued at about $25,000. Planned Solutions Inc. bought a new position in shares of Invesco Water Resources ETF during the fourth quarter valued at about $35,000. Keener Financial Planning LLC purchased a new position in Invesco Water Resources ETF during the fourth quarter worth about $37,000. Finally, BKM Wealth Management LLC bought a new stake in Invesco Water Resources ETF in the 4th quarter worth about $39,000.

Invesco Water Resources ETF Stock Performance

NASDAQ:PHO opened at $67.40 on Friday. Invesco Water Resources ETF has a 52 week low of $49.65 and a 52 week high of $68.97. The firm has a 50-day moving average price of $65.87 and a two-hundred day moving average price of $61.87. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a dividend of $0.0629 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date was Monday, March 18th.

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.