Invesco Dorsey Wright Industrials Momentum ETF (PRN)

NASDAQ: PRN · Real-Time Price · USD
155.64
-2.48 (-1.57%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-1.57%
Assets $352.33M
Expense Ratio 0.60%
PE Ratio 34.67
Shares Out 2.22M
Dividend (ttm) $0.53
Dividend Yield 0.34%
Ex-Dividend Date Sep 23, 2024
Payout Ratio 11.91%
1-Year Return +62.60%
Volume 10,029
Open 157.00
Previous Close 158.12
Day's Range 155.28 - 157.23
52-Week Low 98.86
52-Week High 162.69
Beta 1.10
Holdings 44
Inception Date Oct 12, 2006

About PRN

Fund Home Page

The Invesco Dorsey Wright Industrials Momentum ETF (PRN) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an index of U.S. industrial firms selected and weighted by price momentum. PRN was launched on Oct 12, 2006 and is issued by Invesco.

Asset Class Equity
Category Industrials
Stock Exchange NASDAQ
Ticker Symbol PRN
ETF Provider Invesco
Index Tracked Dorsey Wright Industrials Tech Leaders TR

Top 10 Holdings

36.24% of assets
Name Symbol Weight
NuScale Power Corporation SMR 4.36%
Quanta Services, Inc. PWR 3.93%
Comfort Systems USA, Inc. FIX 3.77%
W.W. Grainger, Inc. GWW 3.71%
Watsco, Inc. WSO 3.55%
HEICO Corporation HEI 3.55%
Trane Technologies plc TT 3.42%
Parker-Hannifin Corporation PH 3.41%
Cintas Corporation CTAS 3.29%
United Rentals, Inc. URI 3.23%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 23, 2024 $0.24317 Sep 27, 2024
Jun 24, 2024 $0.02862 Jun 28, 2024
Mar 18, 2024 $0.07265 Mar 22, 2024
Dec 18, 2023 $0.18155 Dec 22, 2023
Sep 18, 2023 $0.08871 Sep 22, 2023
Jun 20, 2023 $0.14279 Jun 23, 2023
Full Dividend History

News

PRN: A Momentum Industrial ETF Delivering Growth And Outperformance

PRN offers exposure to high-growth industrial companies with price relative strength, outperforming peers like XLI over time. PRN's unique approach weighs holdings by momentum score, leading to higher...

2 months ago - Seeking Alpha

PRN: Industrials Dashboard For July

The monthly article reports aggregate sub-sector metrics in industrials. This is the second most overvalued sector after information technology. Aerospace/defense looks the least attractive subsector,...

3 months ago - Seeking Alpha

PRN: A Great Play On The Best (Secular Growth) Part Of The Industrial Sector

Traditionally, Industrial companies were about blast furnaces, smoke-stacks, and all sorts of other dreary things you might find in Victorian-era novels. That hasn't fully vanished, but today, clean r...

6 months ago - Seeking Alpha

PRN: An Outlook On Momentum And Industrials

PRN is an ETF that invests in industrial companies with strong momentum characteristics. The Purchasing Managers Index suggests a potential tailwind for the industrials sector in 2024. Supply chain bo...

9 months ago - Seeking Alpha

PRN: Racy Industrials Are Prone To Steep Drawdowns

PRN has an index-based strategy designed to benefit from industrial stocks that have been demonstrating significant momentum. I am skeptical about PRN as it was unable to beat either PSCI or XLI over ...

1 year ago - Seeking Alpha

Why There May Be Growing Opportunities In The Industrial Sector

The industrial sector could be poised for a lift as mega spending projects kick in. Why capital investment in infrastructure has been lagging.

1 year ago - Seeking Alpha

Profound Medical Corp. (PROF) Q3 2022 Earnings Call Transcript

Profound Medical Corp. (NASDAQ:PROF) Q3 2022 Results Conference Call November 3, 2022 4:30 PM ET Company Participants Stephen Kilmer - IR Dr. Arun Menawat - CEO Rashed Dewan - CFO Conference Call Par...

Other symbols: PROF
2 years ago - Seeking Alpha

Industry Outlook 2022: Bracing For The Energy Impact

The manufacturing sector continues to be plagued by supply chain problems while demand is weakening. A post-pandemic reshuffle is in the making, with demand weakening and supply becoming less disrupte...

2 years ago - Seeking Alpha

Profound Medical Corp. (PROF) CEO Dr. Arun Menawat on Q2 2022 Results - Earnings Call Transcript

Profound Medical Corp. (NASDAQ:PROF) Q2 2022 Results Conference Call August 4, 2022 4:30 PM ET Company Participants Stephen Kilmer - IR Dr. Arun Menawat - CEO Rashed Dewan - CFO Conference Call Parti...

Other symbols: PROF
2 years ago - Seeking Alpha

3 Reasons We're Overweight Industrials

The confluence of the strong economic cycle and what we expect will be a step up in capital investment spending suggests a portfolio focus on industrials. We believe favorable market structures exist ...

3 years ago - Seeking Alpha

Best Industrial ETFs for Q2 2021

The best industrial ETFs for Q2 2021 are HAIL, PRN, and AIRR.

Other symbols: AIRRHAIL
4 years ago - Investopedia