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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 dpb_75on Jun 25, 2015 6:36pm
198 Views
Post# 23870182

You want the stock to move....

You want the stock to move....

get management/the board to spend that money. The absolute worst thing you could be doing with your cash is sitting on it.  Buyback shares, fund expansion or start paying me a dividend. >33% of market cap in cash is a bit over the top given the excitement around "record backlogs" which would indicate further cash account growth coming.


**thump***


thats me dropping the mic 
 

Bullboard Posts