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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 blackwood2002on Apr 29, 2016 11:01am
249 Views
Post# 24825183

RE:Stock is going south again

RE:Stock is going south againI doubt that very much . Given the fact the agm is next week ( 4 months earlier that in the past) next earnings release in a few weeks after the agm I'd bet there's some potential positive catalyst on the horizon. If people start selling now they will miss the boat . Sure , the agm could be a non event but why move it up 4 months? Earnings should become stronger given semi industry momentum . Perhaps they will have started sakes in the flare gas units finally .. I can't recall but I believe sales order backlog stood at 5.8mm at last reporting so not much in the way of any negative surprises on the horizon . I see settling into the mid 80's if not higher by month end . If .50 comes back I'm loading up ! 
Bullboard Posts