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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

Comment by Stocker46on Apr 21, 2018 11:15am
141 Views
Post# 27921504

RE:Just Asking

RE:Just AskingGenerally positive.  Read one article where they studied 34 companies looking at the average SP for the 30 days prior to moving vs the 30 days after.  There was an average increase of 3 to 4 % with 4 companies increasing by 25%.

Also noted that "the major exchange provides more exposure placing companies in a better position to engage in M&A activity"

Additionally, if there is a downturn investors tend to sell off their venture stocks first in an effort to reduce risk.
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