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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 > Will PHO deliver on Aug 6th?
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Comment by Moogulon Jul 25, 2020 12:09pm
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Post# 31318845

RE:RE:RE:Will PHO deliver on Aug 6th?

RE:RE:RE:Will PHO deliver on Aug 6th?Really the backlog is most important... I think it will fall a little bit and that's fine (coming off a record). We just don't want to see fall precipitously (I.e ~20 MM). The company won't have a big FX gain like last quarter so I don't expect as strong eps. I'll be watching the backlog. 
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