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.

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Invesco Water Resources ETF > Why are people still selling?

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Comment by treehillon Jul 13, 2021 10:38am

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Post# 33535525

RE:RE:Why are people still selling?

My understanding is that the voting is done and in a few days one's shares will be taken away and $3.60 per share ends up in your account. So it isn't a matter of waiting to see how things turn out - it is a certainty what is about to happen. So it makes no sense to sell now. Suggests to me that some shareholders have little clue as to what is happening with the companies they invest in.