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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 vinebillson Nov 09, 2018 4:40pm
186 Views
Post# 28953121

RE:Mean Target price $2.67

RE:Mean Target price $2.67no use freelunch5 - we are in an era where only momentum matters. who has the patience to wait for a year? value investing is slowly dying, which is why i was not that excited when they moved to the big board. Unless you can attract pension funds ( who probably are the only ones left taking long term view+ some others) moving to the big board was a waste of energy. ( we are unfortunately at the mercy of short sellers)

I hope the PHO management continue doing what they are doing and ignore the SP as they have some heavy lifting to do from here on, 40M to 80M iRev s a task of its own.

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