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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
Post by blackwood2002on Oct 21, 2014 5:58pm
294 Views
Post# 23048863

SP run about to begin

SP run about to beginWell its about that time again. a few weeks before next qtr numbers with a record sales backlog and a new client on the books for 1/2 the qtr with a known order placed upon signing the contract. Looking like things are set up nicely for a run past .60.. 

On the topic on the semi con slow down.. really? One company's CEO stated potential issues.. I'm guessing company specific not industry wide. Intel, TI , others doing just fine.. AMD..well no one wants graphics chips apparently. PC sales up, cell phones, tablets etc.. all growing..

Heard of the internet of things? How many devices do you have? Cell, PC, gaming system (or 3), TV, DVR, iwatch, ipod,Tablet, Car etc.. now you fridge, stove, coffee maker, irobot, lights, furnace etc  will soon be "connected" .. who's making the chips to go in the machines? next your pets will have gps tracking ! Seems to me there are endless new applications for semi con manufacturers as new industries and smart devices are brought to market.. Better yet it further diversifies the industry and creates more stable growth .. it's just the begining! 

Of course don't forget about ther foray into Oil & Gas./. 1st full qtr of sales with the new Flow Meter.. that should add a few $$ to the bottom line..  going to be a good finish to the year!
Bullboard Posts