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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
Comment by grobinso_1on Apr 12, 2015 5:12pm
211 Views
Post# 23621442

RE:Added to Index

RE:Added to Index
If I'v read / researched right, this would add about $60,000 of share purchases to add to the fund run by Blackrock.  I looked at the market cap of Photon control and at existing similarly sized allocations and their percentage of the fund (approx 1% at the 70 million level) and divided by the size of the fund (approx $6 million)

Thoughts?
Bullboard Posts