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 > whatever happened to

<< Previous

Bullboard Posts

Next >>

Comment by Stocker46on Aug 10, 2020 4:19pm

257 Views

Post# 31389384

RE:RE:RE:whatever happened to

The increased revenue projections are more likely a result of a strong Semi-Conductor market expected for 2020. That said, both 1st & 2nd Q showed a shift to more revenue from Asia relative to the US.Through 6 months it was Asia 55% & the US 45%.

As I recall, during the CC, there was a comment that customers wanted Photon to ship everything they had available followed almost immediately by a comment implying they experienced some logistics issues. (likely related to LAM's shutdown of their California plants .. just my speculation)

With the current state of affairs in the US, a shift to increased revenue from Asian customers may be a big benefit.

<< Previous

Bullboard Posts

Next >>

Crypto and blockchain stock ends year with a profit