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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 ITSUP2MEon Apr 04, 2021 7:50pm
352 Views
Post# 32935607

RE:RE:Equity

RE:RE:Equity Thanks for the info...I actually remember this company back in 2018 when some news caught my eye (management team or something) It was in the 1.50 range and everyone was into the Mj craze...like you said small/micro cap...It sure has the fundamentals to support the argument. Chart looks like it could form a nice slow upward trend which is what I'm looking for in this S&P 500 bubble we're in. It's like flying under the radar from this ARK era we're in which I personally find too volatile at the time being. One last thing when I compare their technology and field with other small caps on the NASDAQ this conservatively could be $10.00 Good luck!!!
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