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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

Post by Minitaton Feb 22, 2019 10:06am
238 Views
Post# 29399111

Crystal Ball Request - grobinso_1 and rose22

Crystal Ball Request - grobinso_1 and rose22Given the plummet of the SP and its slow march upwards again, do you learned folks feel that this stock will regain its losses and march up again to the $3's and perhaps $4's? Because of the cyclical nature of chip manufacturers, can stock holders expect generally similar plummets and slow recoveries in the future, or is this current phase a one off (ie dramatic fall)?  Your opinions are greatly appreciated.  Thank you.
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