PTF

Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Technology Momentum ETF

$74.09

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Invesco Dorsey Wright Technology Momentum ETF (PTF) seeks to track the investment results of an index that is designed to provide exposure to U.S. technology companies exhibiting strong relative strength or 'momentum'.

Overview

ETF tracking Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Technology Momentum ETF

Category Technology

Issuer Invesco

Inception Date 2016-12-07

Market Cap $383.8M

Average Volume N/A

Dividend Yield 0.21%

52-Week Range $51.29 - $82.85

VWAP $74.00

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF uses a rules-based approach to invest in technology stocks that have demonstrated positive relative strength or momentum compared to the broader U.S. equity market. The portfolio is rebalanced and reconstituted on a quarterly basis to maintain exposure to the most promising technology stocks.

✨ Key Features

Focuses on U.S. technology stocks with strong price momentum
Utilizes a quantitative, rules-based investment approach
Quarterly rebalancing to capture evolving market trends
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused solely on the technology sector
Potential for higher volatility compared to the broader market
Reliance on the momentum factor, which may not always outperform
Limited performance history and assets under management

👤 Best For

This ETF may be suitable for investors seeking exposure to the technology sector with a focus on stocks exhibiting strong price momentum. It could be used as a satellite holding within a diversified portfolio. Investors should be comfortable with the higher volatility and risk profile associated with a concentrated sector fund.