Invesco Water Resources ETF (NASDAQ:PHO) Plans $0.12 Dividend

Invesco Water Resources ETF (NASDAQ:PHO) announced a dividend on Friday, June 19th, NASDAQ Dividends reports. Stockholders of record on Monday, June 22nd will be paid a dividend of 0.1228 per share on Friday, June 26th. The ex-dividend date is Monday, June 22nd.

Invesco Water Resources ETF Stock Performance

Shares of NASDAQ:PHO remained flat at $67.36 during mid-day trading on Friday. The company had a trading volume of 76,859 shares, compared to its average volume of 97,036. The company has a market capitalization of $2.05 billion, a P/E ratio of 25.38 and a beta of 0.97. Invesco Water Resources ETF has a fifty-two week low of $63.54 and a fifty-two week high of $74.93. The business’s 50 day moving average price is $67.34 and its 200 day moving average price is $69.79.

Institutional Trading of Invesco Water Resources ETF

A number of institutional investors have recently made changes to their positions in the business. City Holding Co. bought a new position in shares of Invesco Water Resources ETF in the 4th quarter valued at about $28,000. Strengthening Families & Communities LLC bought a new position in Invesco Water Resources ETF in the fourth quarter valued at approximately $30,000. Investment Counsel Co. of Nevada bought a new position in Invesco Water Resources ETF in the fourth quarter valued at approximately $30,000. Geneos Wealth Management Inc. increased its position in shares of Invesco Water Resources ETF by 156.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 590 shares of the company’s stock worth $41,000 after purchasing an additional 360 shares during the last quarter. Finally, Assetmark Inc. increased its position in shares of Invesco Water Resources ETF by 45.4% during the 3rd quarter. Assetmark Inc. now owns 589 shares of the company’s stock worth $42,000 after purchasing an additional 184 shares during the last quarter.

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. The Fund invests in the sector such, such as industrials, utilities, healthcare, information technology and materials.