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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

Post by muffin17on Jul 05, 2019 9:49am
324 Views
Post# 29889208

Company on a Buying Spree

Company on a Buying Spree Yesterday the company was buying its own shares on the open market.  Seems the new CEO thinks the price is too low.  I have owned this company for about 5 years.  I have continued to hold a very large position since that purchase.  I believe in being patient with a growing company.  All good when CEO is lowering the float through open market purchases.  A lower float means a higher EPS, which improves share value. 

https://www.canadianinsider.com/node/7?menu_tickersearch=PHO+%7C+Photon+Control

M
uff
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