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 > New Products

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Comment by Doooodiligenceon May 23, 2018 1:13am

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Post# 28067642

RE:New Products

Agreed.....their emphasis and enthusiasm on CC related to the newly designed products with existing customers and gaining market share was one of my key takeaways.

They have earned absolute confidence with their key customers and are very active designing which will lay the groundwork for more growth. My sense is that the growth will be quicker than expected and 13 cents is a very conservative estimate for 2018 which I think they'll beat. Even better news is where the EPS number will be for 2019, 2020, 2021.

Congrats to PHO finally starting to get their market recognition

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