Invesco Water Resources ETF (NASDAQ:PHO – Get Free Report) saw strong trading volume on Wednesday . 136,152 shares changed hands during mid-day trading, an increase of 89% from the previous session’s volume of 72,155 shares.The stock last traded at $70.34 and had previously closed at $69.64.
Invesco Water Resources ETF Price Performance
The company has a 50-day moving average price of $68.61 and a two-hundred day moving average price of $67.00. The company has a market cap of $2.28 billion, a PE ratio of 37.18 and a beta of 0.96.
Invesco Water Resources ETF Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date of this dividend was Monday, September 23rd.
Institutional Inflows and Outflows
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.
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