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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 vinebillson Nov 05, 2020 11:26am
331 Views
Post# 31842170

RE:RE:Excellent Q3 by Photon

RE:RE:Excellent Q3 by PhotonThe reality of PHO: Very cecent company but always trades at a discount due to no liquidty. Today you will see a million shares traded just give it 2 days - then 100K shares trade a day....for large players it just becomes impossible to exit without effecting the share price.

Good results.....nothing negative.....but is it the beginning of the next downturn? PHO didnt sound that way.....LAM was a bit soft....sector as a whole is doing good. If you have a 3 year horizon under 2 is a buy......if short term  well just dont be in PHO as there is literally no liquidity in the stock.

GLTA !!!
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