Aptus Capital Advisors LLC Cuts Holdings in Invesco Water Resources ETF (NASDAQ:PHO)

Aptus Capital Advisors LLC lowered its stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) by 8.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,920 shares of the company’s stock after selling 175 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Invesco Water Resources ETF were worth $135,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. 1832 Asset Management L.P. increased its stake in Invesco Water Resources ETF by 147.7% in the first quarter. 1832 Asset Management L.P. now owns 524,079 shares of the company’s stock valued at $34,888,000 after acquiring an additional 312,475 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Invesco Water Resources ETF by 1,167.6% during the 1st quarter. Cetera Investment Advisers now owns 232,199 shares of the company’s stock valued at $15,457,000 after purchasing an additional 213,881 shares during the last quarter. Raymond James & Associates raised its holdings in shares of Invesco Water Resources ETF by 159.4% during the 3rd quarter. Raymond James & Associates now owns 302,278 shares of the company’s stock valued at $21,323,000 after buying an additional 185,770 shares in the last quarter. Prism Advisors Inc. lifted its position in Invesco Water Resources ETF by 1,504.8% in the 2nd quarter. Prism Advisors Inc. now owns 149,822 shares of the company’s stock worth $9,725,000 after buying an additional 140,486 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in Invesco Water Resources ETF by 17.9% in the second quarter. LPL Financial LLC now owns 668,590 shares of the company’s stock worth $43,398,000 after buying an additional 101,342 shares in the last quarter.

Invesco Water Resources ETF Price Performance

Shares of NASDAQ PHO opened at $69.18 on Friday. The stock has a market capitalization of $2.25 billion, a P/E ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a one year low of $55.12 and a one year high of $72.59. The firm’s 50 day simple moving average is $69.67 and its two-hundred day simple moving average is $67.96.

Invesco Water Resources ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.05 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.20 annualized dividend and a yield of 0.29%.

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.