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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 vinebillson Aug 03, 2018 6:27am
208 Views
Post# 28408909

RE:RE:RE:RE:Guidance

RE:RE:RE:RE:Guidancevery much possible- thats the advantage of having lots of cash in hand.

The management is conservative - if possible listen to the CC. They are doing all the right things.

When asked about Q4 rev guidance over the call - they didnt have line of sight means uncertainity, which is the reason for sell off.

The key is - is the semi space cooling? if no this is headed up else SP movement will be so so.


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