95,974 Invesco Water Resources ETF $PHO Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC cut its holdings in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 96.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,697 shares of the company’s stock after selling 95,974 shares during the period. Modera Wealth Management LLC’s holdings in Invesco Water Resources ETF were worth $251,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Eastern Bank acquired a new stake in Invesco Water Resources ETF during the 3rd quarter valued at $27,000. NBH Bank acquired a new position in Invesco Water Resources ETF in the second quarter worth $47,000. John Boyer Inc. acquired a new position in Invesco Water Resources ETF in the third quarter worth $63,000. Axiom Investment Management LLC acquired a new position in Invesco Water Resources ETF in the first quarter worth $67,000. Finally, Trust Co. of Vermont bought a new stake in shares of Invesco Water Resources ETF during the second quarter worth $83,000.

Invesco Water Resources ETF Stock Performance

Shares of PHO stock opened at $76.15 on Wednesday. Invesco Water Resources ETF has a 52 week low of $63.54 and a 52 week high of $76.78. The stock has a market capitalization of $2.12 billion, a PE ratio of 25.38 and a beta of 0.95. The stock’s fifty day moving average is $70.08 and its 200-day moving average is $69.60.

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.