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

Invesco Water Resources ETF

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Comment by 51Spliton Jan 18, 2011 6:28pm

207 Views

Post# 17992625

RE: RE: Buying

"The fact that 88% of this years share purchases have gone through ONE brokerage is an indication of what LITTLE EXPOSURE PHO has to the investment community."

I don't agree with this. The fact that PHO is so thinly traded indicates what little exposure PHO has. The fact that virtually all the trading is through one house is very significant.
IOW, what do they know that we don't?

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