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.

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Invesco Water Resources ETF > And 7 million spent buying back shares....

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Comment by vinebillson Aug 08, 2019 3:29pm

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Post# 30008303

RE:RE:RE:And 7 million spent buying back shares....

to grow business yes I am all for it - that is the best use of cash.

Divy is better than buy back is what i was trying to say.

we are headed to rev of around 30M this fiscal year and as per morning star we are headed back to 2015 but back then this had lot of issues vs a clean slate now.

My request to managment is to slow down share buy back and conserve cash to buy a growth asset.

GLTA

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