PXI - Invesco DWA Energy Momentum ETF
|Ex-Dividend Date||Mar 22, 2021|
|Trading Day||April 16|
|Day's Range||23.95 - 24.60|
|52-Week Range||11.62 - 28.50|
The investment seeks to track the investment results (before fees and expenses) of the Dorsey Wright® Energy 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 energy sector that have powerful relative strength or momentum characteristics.
|Asset Class |
|Inception Date |
Oct 12, 2006
|Ticker Symbol |
|Index Tracked |
Dorsey Wright Energy Technical Leaders Index
Top 10 Holdings40.38% of assets
|Texas Pacific Land Trust||TPL||5.42%|
|Clean Energy Fuels||CLNE||3.80%|
|Mar 22, 2021||$0.0019||Mar 31, 2021|
|Dec 21, 2020||$0.022||Dec 31, 2020|
|Sep 21, 2020||$0.089||Sep 30, 2020|
|Jun 22, 2020||$0.099||Jun 30, 2020|
|Mar 23, 2020||$0.0939||Mar 31, 2020|
|Dec 23, 2019||$0.28||Dec 31, 2019|
With energy ranking as the best-performing sector to start 2021, some investors are considering momentum as a way of accessing the high-flying group. The Invesco DWA Energy Momentum ETF (PXI) is one ste...
Investors and traders alike will want to check out the high-flying Invesco DWA Energy Momentum ETF (PXI), which is up 56% year-to-date. Higher oil prices are providing the necessary tailwinds for an ene...
Looking at Invesco's ETF funds so far in 2021, energy is a theme common to its top three performers. One fund, the Invesco DWA Energy Momentum ETF (PXI), feeds off momentum in the energy sector.
The S&P 500 Energy index has rallied 45% in the past few months. Five of the best-performing ETFs from Invesco have been in the energy sector.
The energy sector was the worst-performing group in the S&P 500 in 2020, but it did end the year on a a decent note. For example, the S&P 500 Energy Index is higher by almost 4% this month.
To put things mildly, oil and the energy sector are wild trades this year, but if the economy can regain firm footing, the group could bounce back, meaning the Invesco DWA Energy Momentum Portfolio ETF ...
Easing U.S.-China trade feud, global monetary policy easing, lesser ambiguity surrounding Brexit, lower OPEC output, falling U.S.
RYT and PXI saw massive trading volumes in yesterday's trading session.