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 > bid

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Comment by Altman1979on Oct 30, 2018 11:57am

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Post# 28894874

RE:RE:RE:RE:RE:bid

Strange that PHO isnt rallying on the back of that acquisition. Havent dug into similarities with the aquireee but if you are paying that kind of a premium for any type of business in the semi conductor space, then it should have at least some ripple effect on PHO. Strange.

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