Invesco DWA Financial Momentum ETF (PFI)
| Assets | $31.84M |
| Expense Ratio | 0.60% |
| PE Ratio | 17.55 |
| Shares Out | 830,000 |
| Dividend (ttm) | $0.69 |
| Dividend Yield | 1.80% |
| Ex-Dividend Date | Mar 20, 2023 |
| Payout Ratio | 24.95% |
| 1-Year Return | -21.25% |
| Volume | 3,528 |
| Open | 38.00 |
| Previous Close | 38.20 |
| Day's Range | 37.65 - 38.36 |
| 52-Week Low | 37.65 |
| 52-Week High | 50.75 |
| Beta | 1.00 |
| Holdings | 49 |
| Inception Date | Oct 12, 2006 |
About PFI
The Invesco DWA Financial Momentum ETF (PFI) is an exchange-traded fund that mostly invests in financials equity. The fund tracks an index of U.S. financial firms selected and weighted by price momentum. PFI was launched on Oct 12, 2006 and is managed by Invesco.
Top 10 Holdings
41.97% of assets| Name | Symbol | Weight |
|---|---|---|
| The Progressive Corporation | PGR | 6.83% |
| Mastercard Incorporated | MA | 6.82% |
| Ameriprise Financial, Inc. | AMP | 5.03% |
| Globe Life Inc. | GL | 4.17% |
| Visa Inc. | V | 4.05% |
| Arthur J. Gallagher & Co. | AJG | 3.43% |
| Apollo Global Management, Inc. | APO | 3.14% |
| Nasdaq, Inc. | NDAQ | 2.89% |
| Aon plc | AON | 2.85% |
| Marsh & McLennan Companies, Inc. | MMC | 2.77% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 20, 2023 | $0.17456 | Mar 24, 2023 |
| Dec 19, 2022 | $0.1102 | Dec 23, 2022 |
| Sep 19, 2022 | $0.19181 | Sep 23, 2022 |
| Jun 21, 2022 | $0.21548 | Jun 30, 2022 |
| Mar 21, 2022 | $0.27024 | Mar 31, 2022 |
| Dec 20, 2021 | $0.12958 | Dec 31, 2021 |
News
Delinquency Data a Boon for This Financial Momentum ETF
Rising Treasury yields are frequently cited as the primary catalyst for strength in financial services stocks and exchange traded funds this year, but there are other tailwinds for assets such as the ...
Interest Rates Have Momentum. So Does This Financial Services ETF
Rising interest rates are a big story line in U.S. markets this year and that's providing fuel for the financial services sector. Bank stocks have momentum, and investors can tap into that theme with ...
For Banking ETFs like PFI, the Momentum Factor Is Here
The financial services sector is on a path redemption after flailing for much of 2020 on the back of low interest rates and several other headwinds. Investors looking to capitalize on that trend can r...
4 Sector ETFs That Hit All-Time Highs
As most corners of the market rallied on the slew of positive news, few sectors scaled new highs.
5 Sector ETFs That Beat the Market in the First Half
With just a trading session left to end the first half, the Dow Jones is up about 13.7% while the S&P 500 and Nasdaq have gained 16.7% and 20.1%, respectively.
