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Invesco Water Resources ETF T.PHO


Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.


NDAQ:PHO - Post by User

Bullboard Posts
Comment by CNVCMon May 10, 2013 8:17pm
81 Views
Post# 21365305

RE: RE: 5 million share buyback

RE: RE: 5 million share buyback

I view this as great news. It now puts a floor in on the share price and I think it's a good use of company cash. It sure beats all those other money losing companies that have to issue more shares just to stay alive. I love these profitable little junior industrial companies that buy back their own stock.

Bullboard Posts