Invesco Pharmaceuticals ETF (PJP)

NYSEARCA: PJP · Real-Time Price · USD
84.35
-1.08 (-1.26%)
Dec 12, 2024, 4:00 PM EST - Market closed
-1.26%
Assets $273.10M
Expense Ratio 0.56%
PE Ratio 22.31
Shares Out 3.19M
Dividend (ttm) $0.77
Dividend Yield 0.91%
Ex-Dividend Date Sep 23, 2024
Payout Ratio 20.58%
1-Year Return +16.87%
Volume 4,298
Open 85.37
Previous Close 85.43
Day's Range 84.35 - 85.37
52-Week Low 73.41
52-Week High 89.87
Beta 0.57
Holdings 34
Inception Date Jun 23, 2005

About PJP

Fund Home Page

The Invesco Pharmaceuticals ETF (PJP) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an index of US pharmaceutical companies selected and weighted based on various factors using a quantitative methodology. PJP was launched on Jun 23, 2005 and is issued by Invesco.

Asset Class Equity
Category Health
Region North America
Stock Exchange NYSEARCA
Ticker Symbol PJP
ETF Provider Invesco
Index Tracked Dynamic Pharmaceutical Intellidex Index (AMEX)

Top 10 Holdings

45.33% of assets
Name Symbol Weight
Eli Lilly and Company LLY 5.34%
Merck & Co., Inc. MRK 4.99%
AbbVie Inc. ABBV 4.99%
Abbott Laboratories ABT 4.89%
Pfizer Inc. PFE 4.88%
Bristol-Myers Squibb Company BMY 4.88%
Johnson & Johnson JNJ 4.77%
Amgen Inc. AMGN 4.71%
Tarsus Pharmaceuticals, Inc. TARS 2.98%
Ocular Therapeutix, Inc. OCUL 2.90%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 23, 2024 $0.200 Sep 27, 2024
Jun 24, 2024 $0.210 Jun 28, 2024
Mar 18, 2024 $0.170 Mar 22, 2024
Dec 18, 2023 $0.191 Dec 22, 2023
Sep 18, 2023 $0.201 Sep 22, 2023
Jun 20, 2023 $0.176 Jun 23, 2023
Full Dividend History

News

PJP: A Dynamic Pharma Fund

Bullish on pharmaceuticals and health care due to relative momentum and preference for "need" sectors over cyclical ones. The Invesco Pharmaceuticals ETF provides exposure to select pharmaceutical sto...

4 months ago - Seeking Alpha

PJP: Pharma Investing Is Difficult And This Fund Doesn't Make It Easier

Invesco Dynamic Pharmaceuticals ETF is a passively managed fund that tracks the Dynamic Pharmaceutical Intellidex Index. Investing in the pharmaceutical industry is challenging due to the need for spe...

10 months ago - Seeking Alpha

PJP: Concentrating On Large-Cap Biopharmaceuticals Seems To Be A Bad Strategy

55 percent of Invesco Dynamic Pharmaceuticals ETF's investment is in ten giant-capitalized and large-capitalized biopharmaceutical stocks which delivered poor returns over the long run. 18 blockbuster...

1 year ago - Seeking Alpha

The Fall Of SVB: What It Means For Healthcare Startups

How SVB's collapse is impacting healthcare startups. Pfizer to buy Seagen for $43B.

Other symbols: BBCBBHFBTIBBIHEIHFIHI
1 year ago - Seeking Alpha

Can Health Care Stocks Outperform Again In 2023?

How a recession could impact health care stocks in 2023. As Covid continues, what it could mean for the health care sector.

2 years ago - Seeking Alpha

Subversive Launches ETF to Focus on Mental Health

The debut highlights the lack of funds focused on the area.

Other symbols: IBB
2 years ago - ETFcom

What The Inflation Reduction Act Means For Drug Prices

The recently enacted Inflation Reduction Act looks to rein in prescription drug prices and could impact the pharma industry's long-term financial performance. The legislation caps out-of-pocket costs ...

Other symbols: BBCBBHIBBIHEIHFIHIIYH
2 years ago - Seeking Alpha

Pharma In Transition: Context And Opportunities

The pending separation of consumer care businesses by pharmaceutical companies is understandable and may offer investment opportunities.

2 years ago - Seeking Alpha

Biotech Innovations Remain At Forefront

The first quarter of 2021 was challenging for the biotechnology industry, as the selloff in March represented a sharp reversal from record highs in February. While the sector has remained relatively r...

3 years ago - Seeking Alpha

Moving Beyond COVID In Biopharma

Just over one year after COVID-19 disrupted our lives, we are now getting to the point where multiple vaccine options are nearly ubiquitous for those in the United States. Per the CDC, as of April 12,...

3 years ago - Seeking Alpha

Healthcare: A Wide Choice Of Large And Well-Established Companies

The advantage for dividend investors in this sector is the wide choice of large and well-established companies. AbbVie is a drug company with strong exposure to the immunology and the oncology markets...

4 years ago - Seeking Alpha

Best Pharmaceutical ETFs for Q4 2020

The best pharmaceutical ETFs for Q4 2020 are KURE, XPH, and PJP.

Other symbols: KUREXPH
4 years ago - Investopedia

Coronavirus Sparked Healthcare ETFs In General, But Ultimately, We Really Do Need To Pick And Choose

Coronavirus Sparked Healthcare ETFs In General, But Ultimately, We Really Do Need To Pick And Choose

Other symbols: FBTIBBIHFXBIXLV
5 years ago - Seeking Alpha

The Trouble With Pharma

The Trouble With Pharma

5 years ago - Seeking Alpha