November 23, 2016 - By Ruchi Gupta · 0 Comments
Nov 23 is a positive day so far for PowerShares Water Resources ETF (NYSEARCA:PHO) as the ETF is active during the day after gaining 0.08% to hit $25.02 per share. The exchange traded fund has 747.78 million net assets and 1.11% volatility this month.
Over the course of the day 3,971 shares traded hands, as compared to an average volume of 57,580 over the last 30 days for PowerShares Water Resources ETF (NYSEARCA:PHO).
The ETF is -1.67% of its 52-Week High and 34.39% of its low, and is currently having ATR of 0.31. This year’s performance is 12.56% while this quarter’s performance is -1.07%.
The ETF’s YTD performance is 9.18%, the 1 year is 4.03% and the 3 year is -1.13%.
The ETF’s average P/E ratio is 22.59, the price to book is 3, the price to sales is 2.01 and the price to cashflow is 13.71. It was started on 12/06/2005. The fund’s top holdings are: American Water Works Company I for 8.26% of assets, Roper Technologies Inc. Common for 8.06%, Danaher Corporation Common Stoc for 7.97%, Ecolab Inc. Common Stock for 7.66%, Pentair plc. Ordinary Share for 7.11%, Companhia De Saneamento Basico Do Estado De Sao Paulo ADR for 4.80%, Aqua America Inc. Common Stock for 4.17%, Toro Company (The) Common Stock for 4.07%, Xylem Inc. Common Stock New for 3.92%, A.O. Smith Corporation Common S for 3.87%. The ETF sector weights are: Basic Materials 7.67%, Consumer Cyclical 1.45%, Healthcare 3.65%, Utilities 22.68%, Industrials 61.67%, Technology 2.89%. The ETF currently as 0.41% yield.
More notable recent Powershares Water Resource Portfolio (NYSEARCA:PHO) news were published by: Etfdailynews.com which released: “Water-Focused ETFs Have Some New Competition from Summit Water Capital Advisors” on August 18, 2016, also Seekingalpha.com with their article: “Water: Investing In The Future” published on August 04, 2015, Seekingalpha.com published: “Don’t Waste Water, But Rather Invest In It” on March 30, 2015. More interesting news about Powershares Water Resource Portfolio (NYSEARCA:PHO) were released by: Seekingalpha.com and their article: “A Stream Of Opportunity: Investing In Water” published on July 13, 2014 as well as Benzinga.com‘s news article titled: “California Drought And Water ETFs” with publication date: April 07, 2015.
PowerShares Water Resources Portfolio seeks investment results that generally correspond to the price yield of the NASDAQ OMX US Water Index (the Underlying Index). The company has a market cap of $747.78 million. The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. It currently has negative earnings. 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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By Ruchi Gupta