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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

Comment by blackwood2002on Apr 21, 2018 7:52pm
171 Views
Post# 27922389

RE:RE:Just asking

RE:RE:Just askingIt's been a long time since I have posted here . I've been hanging on for the ride and will continue to do so. A few positive notes on the exchnge upgrade. I asked CW numerous times about it and he was always aloof . Thankfully this new management team is building the business as should have been done a long time ago. As for the listing change I believe we may see a run up prior to the switch as index funds will need to get a position for their funds. Doing so in advance of the switch may prove to lower their average cost if in the event the run continues after the change is complete. I'm sure all of the index funds do not want to buy all at the same time and run the price up. We seem to continue to fly under the radar for most investors so this exposure may bring new interest into the stock. Not to mention , more analyst coverage, inclusion into murual funds, EFT's and Index funds. There are not too many growth stories out there with solid balance sheets, no debt and a sizable chunk of cash in hand. Funds will be looking to get in now that the restrictions of a venture exchange stock are no longer an issue. It will ben an intersting next few months.  
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