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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

Invesco Water Resources ETF > Q3 RESULTS SPECTACULAR!
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Comment by sbucksgrandeon Nov 07, 2019 9:06am
334 Views
Post# 30320327

RE:RE:RE:RE:Q3 RESULTS SPECTACULAR!

RE:RE:RE:RE:Q3 RESULTS SPECTACULAR!They said that they beat based on a client placing an earlier than expected order in Q3 and do not expect that to be repeatable, if memory serves me correct.

I think they are in the mindset of under promising and over delivering going forward with the new CEO.  They have guided $7-$9 Million next quarter which is a slightly less mid range than this quarter but stated they cancelled the two week year end vacation holiday to meet demand.  Doesn't really sound like it's going to be a slow quarter...

Here is hoping the sector continues to actually rebound and this isn't a temporary drop in supply overall.  
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