|Bid||27.23 x 1200|
|Ask||27.30 x 800|
|Day's Range||27.21 - 27.29|
|52 Week Range||22.13 - 27.50|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.00|
|Expense Ratio (net)||0.75%|
Ketos raised $9 million in its latest funding round that it will use to grow a platform that aims to upgrade and improve the quality and safety of the water supply.
A New York-based non-profit that aims to bring clean drinking water to the poorest and most remote places on earth has come up with a novel way to attract and retain staff.
Take Dr. Michael Burry, played rather eccentrically by the actor Christian Bale in the 2016 film, "The Big Short." In real life, Burry invests in water and the evidence shows that he and other aqua investors are onto something. In fact, it takes 872 gallons of water to create one gallon of wine. It also takes 2,061 gallons of water to make one pound of chocolate.
The bottom line is that water is a precious and increasingly scarce commodity, so now might be the right time to consider adding it to your portfolio for long-term growth. More investment advisors are recommending commodities as a dedicated asset class to hedge other assets in your overall portfolio. If you're looking at diversifying your commodities holdings to include exposure to water, you could look at individual water utilities stocks if you have the time and inclination – or you could check out the emerging class of water exchange-traded funds (ETFs) to hedge your bets.