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 > orchestrated pull back

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Comment by Altman1979on Mar 08, 2019 12:42pm

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Post# 29461958

RE:RE:RE:RE:orchestrated pull back

You have to ask yourself why target prices were droped by 20% at this stage...If we are predicting strong semi-con markets in 2H19, these should be "baked" into this target price. These prices are supposedly a 12-month target. I can understand a cut a yr ago (or even 6months ago), but 2 weeks before earnings is strange.

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