Invesco Dorsey Wright Industrials Momentum ETF (PRN)
| Assets | $396.78M |
| Expense Ratio | 0.60% |
| PE Ratio | 31.78 |
| Shares Out | 2.54M |
| Dividend (ttm) | $0.53 |
| Dividend Yield | 0.34% |
| Ex-Dividend Date | Sep 23, 2024 |
| Payout Ratio | 10.65% |
| 1-Year Return | +34.44% |
| Volume | 67,323 |
| Open | 154.57 |
| Previous Close | 155.85 |
| Day's Range | 154.57 - 158.81 |
| 52-Week Low | 113.13 |
| 52-Week High | 180.08 |
| Beta | 1.13 |
| Holdings | 43 |
| Inception Date | Oct 12, 2006 |
About PRN
Fund Home PageThe 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.
Top 10 Holdings
37.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Comfort Systems USA, Inc. | FIX | 4.22% |
| Quanta Services, Inc. | PWR | 4.12% |
| NuScale Power Corporation | SMR | 3.91% |
| Axon Enterprise, Inc. | AXON | 3.88% |
| W.W. Grainger, Inc. | GWW | 3.72% |
| Watsco, Inc. | WSO | 3.71% |
| Parker-Hannifin Corporation | PH | 3.56% |
| HEICO Corporation | HEI | 3.45% |
| Trane Technologies plc | TT | 3.36% |
| Howmet Aerospace Inc. | HWM | 3.26% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 23, 2024 | $0.243 | Sep 27, 2024 |
| Jun 24, 2024 | $0.029 | Jun 28, 2024 |
| Mar 18, 2024 | $0.073 | Mar 22, 2024 |
| Dec 18, 2023 | $0.182 | Dec 22, 2023 |
| Sep 18, 2023 | $0.089 | Sep 22, 2023 |
| Jun 20, 2023 | $0.143 | Jun 23, 2023 |
News
PRN: Industrials Dashboard For December
A top-down analysis of the industrial sector, focusing on fundamental and momentum metrics. Subsectors are overvalued by 15% to 42% relative to 11-year averages, with transportation being the least ov...
Invesco's 5 Top-Performing ETFs in 2024
The top-performing ETFs in Invesco's range in 2024 to date may surprise investors. The top ETFs by year-to-date returns as of November 20 span asset classes from crypto to a financials subsector to m...
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...
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,...
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...
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...
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 ...
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...
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...
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...
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 ...
Best Industrial ETFs for Q2 2021
The best industrial ETFs for Q2 2021 are HAIL, PRN, and AIRR.