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 > Patience!

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Comment by vinebillson Jul 03, 2019 10:28pm

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Post# 29885411

RE:RE:RE:Patience!

Hope so rose.....

Just for the records: Total shares outstanding 105.5M. According to Morningstar: between funds/instituion: 30M shares.Not sure about the rest;

If a bid comes in at $2 based on my experience from the past these funds/insituions take it and move on ( reason - they take risk off their table & make some good money)

Very rarely do share holders like us have much say in this entire episode of take over.

I hope i am wrong on PHO!

Also the new CEO took over in May - i think we need to have patience and give him some time to do his job.

GLTA !!!

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