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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 blackwood2002on May 30, 2015 10:14am
123 Views
Post# 23780737

RE:horrible close

RE:horrible closeI'm not positive but I'm quite certain this stock has never really followed any technical trading indicators . I don't put much into reading tea leaves when it comes to PHO.. It seems to be played by market makers and traders which move the sp .. Mostly in times of low volume. I'd agree it was disappointing to see it close lower but it wasn't any volume of significance at .71 relative to the day. Guess we will see where it settle out. I'd expect a little build into next earnings through the summer . 
Bullboard Posts