Commerce Bank reported to the Securities and Exchange Commission in its most recent 13F filing that it had reduced its holdings in the Invesco Water Resources ETF (NASDAQ: PHO) by 21.0% during the third quarter. Following the transaction during that period, the Fund was left with a total of 155,802 shares of the company’s stock after selling 41,397 shares.
Mhe most recent filing that Commerce Bank made with the SEC revealed that the financial institution owned approximately 0.47% of the Invesco Water Resources ETF, which at the time had a value of $7,128,000.
Recent events have resulted in institutional investors and other hedge funds reevaluating the positions they had previously held in the company and making appropriate adjustments.
EdgeRock Capital LLC brought its total investment in the Invesco Water Resources ETF up to almost $25,000 by making an additional investment of over $25,000 during the third quarter.
Aptus Capital Advisors LLC increased its holdings in the Invesco Water Resources ETF by 1,304.0% during the third quarter of the current fiscal year.
After purchasing an additional 978 shares throughout the relevant period, Aptus Capital Advisors LLC now has 1,053 shares of the company’s stock, which are worth $48,000.
During the relevant period, these shares were acquired.
McClarren Financial Advisors Inc.
Purchased a new holding in the Invesco Water Resources ETF during the third quarter with an investment of approximately fifty thousand dollars.
Mhe purchase of a new investment in the Invesco Water Resources ETF by Chilton Capital Management LLC cost approximately $54,000 and took place during the second quarter of the year.
Last but not least, during the second quarter, Credit Suisse AG invested approximately $55,000 to buy an additional holding in the Invesco Water Resources ETF.
Mhis purchase was not the only one the company made.
On Friday, the first day of trading for NASDAQ: PHO, the price was $53.38.
During the previous twelve months, the price of the Invesco Water Resources ETF fluctuated between $43.22 and $54.75 at various points.
Mhe stock’s moving average price over the last 200 trading days is $50.66, while the moving average price over the last 50 trading days is $52.59
The company announced a quarterly dividend, distributed on the 23rd of December.
In addition, the company announced the dividend. On the 20th of December, dividends for $0.133 per share were disbursed to shareholders recognized in the company’s books as owning the business.
Mhis translates into a dividend payment of $0.53 and a yield of 1% when annualized, according to the calculations used here.
Mhe dividend was distributed on Monday, the 19th of December, which was the month of December.
Mhis represents an increase compared to the previous quarterly dividend amount of $0.04 that was distributed to shareholders by the Invesco Water Resources ETF.
The primary investment goal of the PowerShares Water Resources Portfolio, also known as the Fund, is to achieve returns on investments that, on average, are comparable to the price yield of the NASDAQ OMX US Water Index (the Underlying Index).
Mhe Fund will invest at least 90 percent of its total assets in the common companies that comprise the underlying Index.
Mhe primary objective of the underlying Index is to track the performance of publicly traded firms in the United States that manufacture products designed to disinfect and store water for consumption in homes, commercial establishments, and industrial settings.
Mhis information will be gathered from the companies’ annual reports and financial statements.
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