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

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Post by Altman1979on Nov 08, 2018 4:22pm

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Post# 28946464

Lowest end of their guidance

The stock was already hammered from last qtr's negative outlook and they really needed to show that it was biz as usual (minus the telegraphed weakness). Even tho they communicated this weakness, their revs came in at the lowest possible end of their guidance. I guess this explains why they werent as active in their buybacks.

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