EWG Elevate Inc. Invests $705,000 in Invesco Water Resources ETF (NASDAQ:PHO)

EWG Elevate Inc. acquired a new stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 10,715 shares of the company’s stock, valued at approximately $705,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC increased its position in Invesco Water Resources ETF by 17.9% during the 2nd quarter. LPL Financial LLC now owns 668,590 shares of the company’s stock valued at $43,398,000 after purchasing an additional 101,342 shares during the period. Raymond James & Associates increased its position in shares of 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 period. Cetera Investment Advisers increased its position in shares of Invesco Water Resources ETF by 0.9% during the second quarter. Cetera Investment Advisers now owns 234,289 shares of the company’s stock worth $15,208,000 after buying an additional 2,090 shares during the period. Prism Advisors Inc. raised its stake in Invesco Water Resources ETF by 25.7% during the third quarter. Prism Advisors Inc. now owns 188,298 shares of the company’s stock worth $13,283,000 after buying an additional 38,476 shares during the last quarter. Finally, CWM LLC lifted its holdings 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 buying an additional 5,319 shares during the period.

Invesco Water Resources ETF Trading Down 1.5 %

Shares of Invesco Water Resources ETF stock opened at $64.51 on Monday. The business has a 50-day moving average price of $69.00 and a two-hundred day moving average price of $68.55. Invesco Water Resources ETF has a 1-year low of $58.32 and a 1-year high of $72.59. The company has a market cap of $2.09 billion, a P/E ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

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

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.