PUI

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

$45.27

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Invesco Dorsey Wright Utilities Momentum ETF (PUI) seeks to track the investment results of an index that is designed to provide exposure to U.S. utility companies exhibiting positive momentum.

Overview

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

Category Utilities

Issuer Invesco

Inception Date 2016-12-07

Market Cap $52.5M

Average Volume N/A

Dividend Yield 2.03%

52-Week Range $37.97 - $48.82

VWAP $45.40

Performance

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Investment Summary

📎 Investment Objective

The Invesco Dorsey Wright Utilities Momentum ETF (PUI) seeks to track the investment results of an index that is designed to provide exposure to U.S. utility companies exhibiting positive momentum.

🎯 Investment Strategy

The ETF employs a 'momentum' strategy, investing in utility stocks that have exhibited positive price momentum. The fund's underlying index is rebalanced and reconstituted quarterly to maintain exposure to the highest momentum utility stocks.

✨ Key Features

Focuses on U.S. utility sector stocks with positive price momentum
Utilizes a quantitative, rules-based index methodology to select and weight holdings
Relatively low expense ratio of 0.00%
Relatively small asset base of $0 as of the latest reporting period

⚠️ Primary Risks

Sector concentration risk, as the fund is focused solely on the utility sector
Momentum investing style risk, as the fund's performance is dependent on the continued strength of the selected momentum stocks
Potential for higher volatility compared to a broad market index due to sector focus
Limited performance history and small asset base, which may impact liquidity and trading efficiency

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. utility sector with a focus on stocks exhibiting positive momentum. It could be used as a tactical or satellite holding within a diversified portfolio. Investors should be comfortable with the higher potential volatility associated with a sector-specific momentum strategy.