Marshall Investment Management LLC Makes New $53,000 Investment in Invesco Water Resources ETF (NASDAQ:PHO)

Marshall Investment Management LLC purchased a new position in shares of Invesco Water Resources ETF (NASDAQ:PHO) during the 4th quarter, Holdings Channel reports. The fund purchased 756 shares of the company’s stock, valued at approximately $53,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. IHT Wealth Management LLC raised its holdings in shares of Invesco Water Resources ETF by 1.9% in the 3rd quarter. IHT Wealth Management LLC now owns 8,251 shares of the company’s stock valued at $582,000 after purchasing an additional 151 shares during the period. Principal Securities Inc. grew its stake in Invesco Water Resources ETF by 37.2% in the 4th quarter. Principal Securities Inc. now owns 590 shares of the company’s stock valued at $39,000 after buying an additional 160 shares during the last quarter. Raab & Moskowitz Asset Management LLC grew its stake in Invesco Water Resources ETF by 0.3% in the 3rd quarter. Raab & Moskowitz Asset Management LLC now owns 59,898 shares of the company’s stock valued at $4,225,000 after buying an additional 180 shares during the last quarter. MML Investors Services LLC grew its stake in Invesco Water Resources ETF by 1.3% in the 3rd quarter. MML Investors Services LLC now owns 14,625 shares of the company’s stock valued at $1,032,000 after buying an additional 181 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in shares of Invesco Water Resources ETF by 0.8% during the 3rd quarter. Captrust Financial Advisors now owns 22,492 shares of the company’s stock worth $1,587,000 after purchasing an additional 189 shares in the last quarter.

Invesco Water Resources ETF Stock Down 1.4 %

Shares of NASDAQ:PHO opened at $66.28 on Friday. The company’s 50 day moving average price is $67.06 and its two-hundred day moving average price is $68.70. Invesco Water Resources ETF has a 12-month low of $62.82 and a 12-month high of $72.59. The firm has a market cap of $2.13 billion, a PE ratio of 26.66 and a beta of 1.00.

Invesco Water Resources ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors 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 Company 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.