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 > Excellent Q3 by Photon

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Comment by Doooodiligenceon Nov 09, 2020 7:47pm

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RE:RE:RE:RE:RE:Excellent Q3 by Photon

Same here!....scratching my head as well watching their customers' market caps rise. In the past, have often seen delayed positive market reaction to good news with PHO (although negative reaction has been swift) The point you make about buyout risk is very real! I have felt for several year they are a target. As cash grows, the chances of a whale in this space, or hedge fund as you suggest, taking them out rises. Incredible to me we're under 200m cap with such terrific earnings and 2021 outlook. Will wait patiently as they continue to put more cash on the bottom line in the meantime. Something will have to give before too long....

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