EWG Elevate Inc. Acquires Shares of 62,986 Invesco Water Resources ETF (NASDAQ:PHO)

EWG Elevate Inc. acquired a new stake in shares of Invesco Water Resources ETF (NASDAQ:PHOFree Report) in the first quarter, HoldingsChannel.com reports. The fund acquired 62,986 shares of the company’s stock, valued at approximately $4,193,000. Invesco Water Resources ETF makes up approximately 1.6% of EWG Elevate Inc.’s portfolio, making the stock its 21st largest position.

A number of other institutional investors have also added to or reduced their stakes in the stock. Kestra Advisory Services LLC grew its holdings in shares of Invesco Water Resources ETF by 12.5% in the third quarter. Kestra Advisory Services LLC now owns 32,021 shares of the company’s stock valued at $1,703,000 after purchasing an additional 3,570 shares in the last quarter. Retirement Capital Strategies purchased a new position in shares of Invesco Water Resources ETF in the third quarter valued at $592,000. LPL Financial LLC grew its holdings in shares of Invesco Water Resources ETF by 0.7% in the third quarter. LPL Financial LLC now owns 632,891 shares of the company’s stock valued at $33,657,000 after purchasing an additional 4,499 shares in the last quarter. MCIA Inc grew its holdings in shares of Invesco Water Resources ETF by 10.0% in the third quarter. MCIA Inc now owns 4,150 shares of the company’s stock valued at $221,000 after purchasing an additional 378 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Invesco Water Resources ETF by 257.0% in the third quarter. Tower Research Capital LLC TRC now owns 19,793 shares of the company’s stock valued at $1,053,000 after purchasing an additional 14,248 shares in the last quarter.

Invesco Water Resources ETF Stock Performance

NASDAQ PHO traded down $0.64 on Thursday, hitting $65.75. 81,928 shares of the stock were exchanged, compared to its average volume of 73,510. The stock has a fifty day moving average price of $65.95 and a two-hundred day moving average price of $63.28. The firm has a market capitalization of $2.11 billion, a P/E ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a 52-week low of $49.65 and a 52-week high of $68.97.

About Invesco Water Resources ETF

(Free Report)

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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Institutional Ownership by Quarter for Invesco Water Resources ETF (NASDAQ:PHO)

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