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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 Neptune3on Nov 08, 2018 9:45pm
190 Views
Post# 28947967

RE:RE:Photon Control Reports Third Quarter 2018 Financial Results

RE:RE:Photon Control Reports Third Quarter 2018 Financial ResultsI think they saw the writing on the wall and why they decided to develop new products to increase revenue that way. So the slowdown hit before they had the products ready to pick up the slack. It is still a good move on their part to plan ahead and we have to wait till it kicks in. Cash no debt so they can fund it all no problem. One thought that gives me comfort is that they know there is demand for the new products and is why they are developing them. A quarter or two and things should turn for them. Then it will be seen as a brilliant move on their part and the market will reward them. At this price compared to where it would be in a year tells me to hold and buy more if it drops further. N3
  
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