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Invesco Dorsey Wright Industrials Momentum ETF (PRN)
177.3497  -2.32 (-1.29%)  10-09 16:00
Open: 180
High: 180.31
Low: 177.05
Volume: 13,277
Market Cap: 366(M)
PE Ratio: 38.97
Exchange: NASDAQ Global Market
Industry: Asset Management
Sector: Financial Services
Technical analysis
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sell buy
Resistance 2: 113.93
Resistance 1: 111.50
Pivot price: 110.49
Support 1: 107.58
Support 2: 89.51
52w High: 180.31
52w Low: 118.25
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PRN0 (0%)
DLB0 (0%)
JPHF0 (0%)
NTAP0 (0%)
ENTX0 (0%)
DGLD0 (0%)
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PRN changed its tune in February 2014 but continues to provide an alternate take on US industrial firms. The old version of the fund used a multi-factor selection method coupled with a tiered equal-weighting scheme that produced a vastly different portfolio than our neutral benchmark. Currently the fund follows a Dorsey-Wright relative strength index that selects and weights stocks by price momentum. The fund selects the top, at least 30 stocks, with the highest momentum scores in the industrial space. The fund uses a full replication indexing strategy, meaning PRN will generally invest in all of the stocks of the underlying index and in proportion to the weightings. Overall, PRN offers a different, growth-focused take on industrial stocks. Investors should consider all-in costs of holding the fund. The fund is reconstituted and rebalanced quarterly. Prior to August 28, 2023, the ETF's name was Invesco DWA Industrials Momentum ETF.

Financials
EPS 3.660
Book Value 22.400
PEG Ratio 0.00
Gross Profit 10.065
Profit Margin (%) 14.86
Operating Margin (%) 25.55
Return on Assets (ttm) 9.1
Return on Equity (ttm) 17.1
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