Invesco Water Resources ETF (NASDAQ:PHO) Reaches New 12-Month High at $66.74

Invesco Water Resources ETF (NASDAQ:PHO) shares reached a new 52-week high during trading on Monday . The stock traded as high as $66.74 and last traded at $66.74, with a volume of 18360 shares traded. The stock had previously closed at $66.15.

Invesco Water Resources ETF Trading Up 0.9 %

The stock has a market capitalization of $2.14 billion, a P/E ratio of 34.90 and a beta of 0.96. The company has a 50-day moving average price of $64.76 and a 200 day moving average price of $60.25.

Invesco Water Resources ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a $0.0629 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend was Monday, March 18th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PHO. International Assets Investment Management LLC acquired a new position in Invesco Water Resources ETF during the 4th quarter valued at about $35,017,000. EWG Elevate Inc. acquired a new position in Invesco Water Resources ETF during the 1st quarter valued at about $4,193,000. MONECO Advisors LLC acquired a new position in Invesco Water Resources ETF during the 1st quarter valued at about $2,787,000. Commonwealth Equity Services LLC increased its position in Invesco Water Resources ETF by 4.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 410,993 shares of the company’s stock valued at $25,013,000 after buying an additional 18,491 shares in the last quarter. Finally, NewEdge Wealth LLC acquired a new position in Invesco Water Resources ETF during the 3rd quarter valued at about $861,000.

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.