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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

Invesco Water Resources ETF > Anyone have thoughts...
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Comment by Stocker46on Sep 07, 2018 11:27am
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Post# 28579576

RE:RE:RE:RE:RE:RE:RE:Anyone have thoughts...

RE:RE:RE:RE:RE:RE:RE:Anyone have thoughts...On August 1, 2018 PHO hit a 52 week high of $2.60.
Since their Q2 financial NR they have lost 22% in value.

I can understand that PHO is being punished for Guidance which basically says that (after an excellent 1st half of 2018)  the numbers will fall off a little in the second half.

The current drop in SP is a little rediculous (IMO). Show me another company that posts record revenues and profits ... and then loses 22% of ot's value over the next 5 weeks. I'll continue to buy at these levels.
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