Invesco Dorsey Wright Industrials Momentum ETFPRN
PRN
0
Funds holding %
of 6,780 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
55% more capital invested
Capital invested by funds: $123M [Q2] → $190M (+$67.4M) [Q3]
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
15% more funds holding
Funds holding: 71 [Q2] → 82 (+11) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
6.75% less ownership
Funds ownership: 54.39% [Q2] → 47.64% (-6.75%) [Q3]
33% less call options, than puts
Call options by funds: $612K | Put options by funds: $918K
Research analyst outlook
We haven’t received any recent analyst ratings for PRN.
Financial journalist opinion
Positive
ETF Trends
1 week ago
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 momentum factor strategies.
Positive
Zacks Investment Research
1 week ago
Should You Invest in the Invesco Dorsey Wright Industrials Momentum ETF (PRN)?
Launched on 10/12/2006, the Invesco Dorsey Wright Industrials Momentum ETF (PRN) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Broad segment of the equity market.
Positive
Zacks Investment Research
2 months ago
Should You Invest in the Invesco Dorsey Wright Industrials Momentum ETF (PRN)?
The Invesco Dorsey Wright Industrials Momentum ETF (PRN) was launched on 10/12/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Broad segment of the equity market.
Positive
Seeking Alpha
3 months ago
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 valuations but also higher earnings and cash flow growth rates. Despite potential shortcomings in capturing sudden market shifts, PRN has historically outperformed peers like XLI and FIDU, offering strong performance in the industrial sector.
Positive
Zacks Investment Research
4 months ago
Should You Invest in the Invesco Dorsey Wright Industrials Momentum ETF (PRN)?
Looking for broad exposure to the Industrials - Broad segment of the equity market? You should consider the Invesco Dorsey Wright Industrials Momentum ETF (PRN), a passively managed exchange traded fund launched on 10/12/2006.
Positive
Seeking Alpha
4 months ago
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, based on value and quality scores. PRN is an alternative to XLI with better fundamentals and historical return.
Positive
Zacks Investment Research
6 months ago
Should You Invest in the Invesco Dorsey Wright Industrials Momentum ETF (PRN)?
Looking for broad exposure to the Industrials - Broad segment of the equity market? You should consider the Invesco Dorsey Wright Industrials Momentum ETF (PRN), a passively managed exchange traded fund launched on 10/12/2006.
Positive
Seeking Alpha
6 months ago
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 rooms and precision are gaining ground. A lot of today's Industrial companies have growth prospects that are less cyclical and more secular than many realize.
Positive
Zacks Investment Research
6 months ago
5 Best-Performing Top-Ranked ETFs at the Start of May
Wall Street regained momentum at the start of May. The rally has been broad-based, with all three major indices just a few points away from their record highs.
Positive
Zacks Investment Research
8 months ago
Top-Ranked ETFs That Outperformed the Market in Q1
Wall Street wrapped up the first quarter with a big bang, driven by strong corporate profits, enthusiasm around AI and hopes that the Fed will cut rates.
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