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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 > Broken Stock
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Comment by fishbeeceeon Sep 21, 2018 1:49pm
190 Views
Post# 28665915

RE:RE:RE:Broken Stock

RE:RE:RE:Broken Stock


It doesn't take a computer program to do "Book Value" Neptune. It is a GAAP measurement of assets less liabilities. No conspiracy going on or anything.
The 52 week low is $1.36. That could be the next floor if the Semi and tech markets continue to slow down. Often small caps lead the way down and are last to go up.

My entry was a while ago at $1.29....bought 10 k, sold all but 1 k now waiting. I am not a basher and are very hopeful for the long term of this Co.... It may get taken out though if things get tough.

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