First Pacific Financial Takes Position in Invesco Water Resources ETF (NASDAQ:PHO)

First Pacific Financial purchased a new stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 2,525 shares of the company’s stock, valued at approximately $166,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. acquired a new position in shares of Invesco Water Resources ETF in the 3rd quarter valued at approximately $36,000. McClarren Financial Advisors Inc. increased its stake in shares of Invesco Water Resources ETF by 424.0% in the third quarter. McClarren Financial Advisors Inc. now owns 676 shares of the company’s stock worth $48,000 after buying an additional 547 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Invesco Water Resources ETF in the third quarter valued at $54,000. Kennebec Savings Bank bought a new position in Invesco Water Resources ETF during the 3rd quarter valued at $60,000. Finally, Bristlecone Advisors LLC acquired a new position in Invesco Water Resources ETF during the 3rd quarter worth $73,000.

Invesco Water Resources ETF Stock Performance

Shares of Invesco Water Resources ETF stock opened at $67.51 on Friday. Invesco Water Resources ETF has a 1 year low of $58.32 and a 1 year high of $72.59. The firm’s 50-day simple moving average is $68.66 and its 200-day simple moving average is $68.54. The firm has a market cap of $2.18 billion, a PE ratio of 37.18 and a beta of 0.96.

Invesco Water Resources ETF Announces Dividend

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

About Invesco Water Resources ETF

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.