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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

Comment by Stocker46on Feb 14, 2020 1:21pm
215 Views
Post# 30692545

RE:RE:RE:RE:Top pick

RE:RE:RE:RE:Top pickPhoton also signed distribution agreements with companies in both China & Japan in the last year or so .. so no doubt, they have some exposure.

As far as I know, Lam Research (in California) is still their largest customer, which is why I check out their SP a couple of times a week. They've been on a tear in the last few months.  Hit another 52 week high this week of $344.33 (current 52 wk low is $163.61). The Semi-Conductor Market seems to be improving.

Doubt Photon's 4th Q will be all that good, but will be very interested in their next Conderence Call which should provide some guidance for 2020.
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