Centricity Wealth Management LLC Invests $105,000 in Invesco Water Resources ETF (NASDAQ:PHO)

Centricity Wealth Management LLC acquired a new stake in Invesco Water Resources ETF (NASDAQ:PHO) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,603 shares of the company’s stock, valued at approximately $105,000.

Several other hedge funds also recently bought and sold shares of PHO. Creative Planning increased its position in shares of Invesco Water Resources ETF by 0.5% in the third quarter. Creative Planning now owns 58,728 shares of the company’s stock worth $4,143,000 after purchasing an additional 294 shares during the last quarter. Bleakley Financial Group LLC purchased a new position in Invesco Water Resources ETF in the 3rd quarter worth approximately $292,000. Raymond James & Associates increased its holdings in shares of Invesco Water Resources ETF by 159.4% in the 3rd 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 last quarter. Beese Fulmer Investment Management Inc. purchased a new stake in shares of Invesco Water Resources ETF during the 3rd quarter valued at $214,000. Finally, American Institute for Advanced Investment Management LLP raised its position in shares of Invesco Water Resources ETF by 2.3% during the 3rd quarter. American Institute for Advanced Investment Management LLP now owns 17,425 shares of the company’s stock valued at $1,229,000 after buying an additional 385 shares in the last quarter.

Invesco Water Resources ETF Stock Performance

Shares of NASDAQ:PHO opened at $67.24 on Friday. The firm has a market capitalization of $2.16 billion, a PE ratio of 26.66 and a beta of 1.00. Invesco Water Resources ETF has a 52-week low of $62.33 and a 52-week high of $72.59. The firm has a fifty day moving average of $67.12 and a 200 day moving average of $68.68.

Invesco Water Resources ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given 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.