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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 sbucksgrandeon Sep 26, 2018 2:22pm
160 Views
Post# 28694950

RE:insiders

RE:insidersHey,
It's because they aren't the original owners.  The management was overhauled last year and that is why their share count is low and the option count is high.  While most would agree that managment should own shares to align their interests with shareholders, it wouldn't be a good hiring tactic to force purchasing nor good for shareholders to give away shares to the new management.  The options should align management and shareholders.  

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