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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Post by mlmackon Jun 13, 2015 6:16am

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Post# 23826938

Undervalued

I agree with Stack, we do not need promotion, we need results and we have been getting them. If next quarter matches last quarter, TTM will be $0. 076 with $0.19 in cash. I like to pay 9 *TTM + cash so that gives me a very conservative $0.88 price target. Although I have a full 10% of my portfolio in PHO, I will continue to accumulate as the price falls up to a maximum of 15%.

My other two under-valued micro caps are TLA and IWG.

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