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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 rose22on Sep 07, 2016 7:42pm
245 Views
Post# 25215876

RE:RE:Cheap acquisition proposal with all that FCF

RE:RE:Cheap acquisition proposal with all that FCFPhoton appears to have a fairly aggressive expansion plan in the works by moving to a larger facility and increasing production of the existing range of products. It might not be unreasonable to assume it could involve some diversification into other related products without any  need to go the acquisition route. But, like so many other things that happen with this company, only time will tell.
Bullboard Posts