Q3 Asset Management Takes $3.95 Million Position in Invesco Water Resources ETF (PHO)

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Q3 Asset Management purchased a new stake in shares of Invesco Water Resources ETF (NASDAQ:PHO) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 130,834 shares of the company’s stock, valued at approximately $3,952,000. Invesco Water Resources ETF accounts for about 4.3% of Q3 Asset Management’s holdings, making the stock its 12th largest holding.

Other institutional investors have also made changes to their positions in the company. Rockefeller Capital Management L.P. acquired a new stake in Invesco Water Resources ETF during the 2nd quarter valued at $102,000. Cornerstone Wealth Management LLC acquired a new stake in Invesco Water Resources ETF during the 2nd quarter valued at $380,000. Private Advisor Group LLC lifted its holdings in Invesco Water Resources ETF by 66.1% during the 1st quarter. Private Advisor Group LLC now owns 13,947 shares of the company’s stock valued at $425,000 after purchasing an additional 5,548 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Invesco Water Resources ETF by 166.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 23,129 shares of the company’s stock valued at $704,000 after purchasing an additional 14,444 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in Invesco Water Resources ETF by 77.0% during the 1st quarter. Stifel Financial Corp now owns 32,142 shares of the company’s stock valued at $986,000 after purchasing an additional 13,987 shares during the last quarter.

Shares of Invesco Water Resources ETF opened at $31.24 on Friday, MarketBeat Ratings reports. Invesco Water Resources ETF has a 1 year low of $26.47 and a 1 year high of $31.94.

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.

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

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