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 > Q3 RESULTS SPECTACULAR!

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Comment by fishbeeceeon Nov 06, 2019 2:25pm

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Post# 30317012

RE:RE:RE:Q3 RESULTS SPECTACULAR!

Its nice to see the rebound....There are some good points to these financial statements. MOst have been already mentioned. What I particularly like is that they beat their own guidance. I am curious to hear why that was...Was it because of their new relationships in Japan....Larger market share, or overall improving memory market?

It is though also the third year over year third quarter decline in Revenue....I wonder if they see that changing and when?

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