First National Bank & Trust Co. of Newtown Sells 1,090 Shares of Invesco Water Resources ETF (NASDAQ:PHO)

First National Bank & Trust Co. of Newtown reduced its stake in Invesco Water Resources ETF (NASDAQ:PHO) by 0.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 142,823 shares of the company’s stock after selling 1,090 shares during the period. Invesco Water Resources ETF makes up about 1.9% of First National Bank & Trust Co. of Newtown’s holdings, making the stock its 10th largest holding. First National Bank & Trust Co. of Newtown’s holdings in Invesco Water Resources ETF were worth $8,692,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of PHO. McGlone Suttner Wealth Management Inc. acquired a new stake in Invesco Water Resources ETF in the fourth quarter valued at $25,000. Ronald Blue Trust Inc. acquired a new stake in Invesco Water Resources ETF in the third quarter valued at $28,000. Planned Solutions Inc. acquired a new stake in Invesco Water Resources ETF in the fourth quarter valued at $35,000. Live Oak Investment Partners acquired a new stake in Invesco Water Resources ETF in the fourth quarter valued at $36,000. Finally, Keener Financial Planning LLC acquired a new stake in Invesco Water Resources ETF in the fourth quarter valued at $37,000.

Invesco Water Resources ETF Stock Up 0.3 %

Invesco Water Resources ETF stock traded up $0.17 during midday trading on Friday, reaching $63.30. The company’s stock had a trading volume of 12,194 shares, compared to its average volume of 72,693. Invesco Water Resources ETF has a fifty-two week low of $49.65 and a fifty-two week high of $66.74. The company has a market cap of $2.02 billion, a P/E ratio of 34.93 and a beta of 0.96. The business has a 50-day simple moving average of $64.33 and a 200-day simple moving average of $59.25.

Invesco Water Resources ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.0629 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend was Monday, March 18th.

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.