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 > Lam Research beats Q3 earnings and up 6% after hours.....

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Comment by sbucksgrandeon Oct 24, 2019 9:42am

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Post# 30263632

RE:Lam Research beats Q3 earnings and up 6% after hours.....

I think what's important to take from this LAM call and Samsung, TSM, etc. calls are that they are all expecting a investory drawdown and industry pick up in 2020 and are backing that up with a increase in spend into 2020. Theoretically this should trickle down to PHO.

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