PUI - Invesco DWA Utilities Momentum ETF
|Ex-Dividend Date||Jun 21, 2021|
|Trading Day||July 23|
|Day's Range||33.63 - 33.87|
|52-Week Range||27.84 - 34.77|
The investment seeks to track the investment results (before fees and expenses) of the Dorsey Wright® Utilities Technical Leaders Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of at least 30 securities of companies in the utilities sector that have powerful relative strength or momentum characteristics.
|Asset Class |
|Inception Date |
Oct 26, 2005
|Ticker Symbol |
|Index Tracked |
Dorsey Wright Utilities Technical Leaders Index
Top 10 Holdings36.97% of assets
|American Water Works||AWK||3.86%|
|WEC Energy Group||WEC||3.80%|
|Jun 21, 2021||$0.17507||Jun 30, 2021|
|Mar 22, 2021||$0.1835||Mar 31, 2021|
|Dec 21, 2020||$0.162||Dec 31, 2020|
|Sep 21, 2020||$0.201||Sep 30, 2020|
|Jun 22, 2020||$0.249||Jun 30, 2020|
|Mar 23, 2020||$0.1546||Mar 31, 2020|
Many investors may think of direct sector participation as the antithesis of diversification. After all, a dedicated sector exchange traded fund, such as the Invesco DWA Utilities Momentum Portfolio (NA...
The utilities sector was a 2020 laggard, but the group looks attractive today with exchange traded funds such as the Invesco DWA Utilities Momentum Portfolio (NASDAQ: PUI). PUI tracks the DWA Utilities ...
The utilities sector can be stereotyped as boring or slow moving. Investors can add some excitement with the Invesco DWA Utilities Momentum Portfolio (NASDAQ: PUI).
Though many sectors are hitting new highs amid the peak market, some funds are still down from a year-to-date look and are due to climb in the coming weeks.
With the safe asset gold peaking an all-time high and currently losing a bit, investors should dig into other safe sectors like utilities.
Sector ETF report for PUI
Momentum—once it picks up, it can be difficult to stop and while the debate in the capital markets is whether value can sustain its lead over growth, investors can’t forget about the momentum factor, es...