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 barackon Jun 10, 2014 3:40pm

184 Views

Post# 22646831

RE:RE:RE:Backlog is misleading

I couldn't agree more.

There should have been a rise after the Q1 release.
Based on P/E alone.

The market cap does worry me at $50+ million based on revenues.

What makes PHO attractive is cashflow and out of this world margins.

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