Bard Financial Services Inc. Makes New Investment in Invesco Water Resources ETF (NASDAQ:PHO)

Bard Financial Services Inc. purchased a new position in Invesco Water Resources ETF (NASDAQ:PHO) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 33,500 shares of the company’s stock, valued at approximately $1,556,000. Bard Financial Services Inc. owned about 0.11% of Invesco Water Resources ETF at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. TRU Independence Asset Management 2 LLC acquired a new stake in shares of Invesco Water Resources ETF in the fourth quarter worth about $26,000. Encompass Wealth Advisors LLC acquired a new position in shares of Invesco Water Resources ETF during the 4th quarter worth about $26,000. Joseph P. Lucia & Associates LLC acquired a new position in shares of Invesco Water Resources ETF during the 4th quarter worth about $40,000. Asset Dedication LLC acquired a new position in shares of Invesco Water Resources ETF during the 4th quarter worth about $40,000. Finally, Catalyst Private Wealth LLC acquired a new position in shares of Invesco Water Resources ETF during the 3rd quarter worth about $40,000.

NASDAQ PHO opened at $50.09 on Thursday. Invesco Water Resources ETF has a twelve month low of $31.43 and a twelve month high of $51.01. The stock has a 50-day simple moving average of $48.69 and a 200 day simple moving average of $46.81.

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 31st. Investors of record on Tuesday, March 23rd were paid a dividend of $0.028 per share. The ex-dividend date of this dividend was Monday, March 22nd. This represents a $0.11 annualized dividend and a yield of 0.22%.

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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