PHO Dip Below Key Moving Average Signals Potential Shift

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Invesco Water Resources ETF (PHO) shares fell below their 200-day moving average of $51.29 on Wednesday, trading as low as $51.27 per share. The ETF is currently down 1.2% for the day.

Over the past year, PHO’s price range has been between $43.22 and $55.77, with the latest trade at $51.17.

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