Stock Taper
EXCHANGE TRADED FUND

PFI

Invesco Dorsey Wright Financial Momentum ETF
$57.79 ▲ 0.08%
+$0.05 TODAY

FUND FACTS

Manager Invesco
Assets $52.45M
Expense ratio 0.78%
Inception Oct 12, 2006
Asset class Equity
Holdings 43
Volume 2.88K
Avg volume 10.46K

ABOUT THIS FUND

PFI changed its tune in February 2014 but continues to provide an alternate take on US financial firms. The old version of the fund used a multi-factor selection method coupled with a tiered equal-weighting scheme that produced a vastly different portfolio than our neutral benchmark. The new incarnation follows a Dorsey-Wright relative strength index that selects and weights stocks by price momentum. Index selection begins by creating a momentum score for each eligible stock in the financial sector. The score is based on both intermediate and long-term price movements compared to other stocks in the space. The top, at least 30 stocks, with the highest momentum scores are selected for index inclusion. Companies in the financial sector include banking, investment services, insurance and real estate finance services. The fund is reconstituted and rebalanced quarterly. Prior to August 28, 2023, the fund traded under the name Invesco DWA Financial Momentum ETF.

PRICE

$57.79 ▲ UP 0.08% (+$0.05)
$57.60$57.75$57.909:30 AM10:35 AM11:40 AM12:44 PM1:49 PM2:54 PM3:59 PM57.79

HOLDINGS

TOP 20 OF 43 · 63.78% OF THE FUND
RANK STOCK WEIGHT SHARES VALUE
01 JPM JPMorgan Chase & Co. 5.85% 9.23K $3.06M
03 ASST Strive, Inc. 4.98% 88.06K $2.62M
04 MS Morgan Stanley 4.55% 12.54K $2.39M
05 WELL Welltower Inc. 3.35% 7.79K $1.76M
06 BNY Bank of New York Mellon Corp 3.11% 11.39K $1.64M
07 SPG Simon Property Group, Inc. 3.02% 7.87K $1.59M
08 IVZ Invesco Ltd. 3.01% 52.17K $1.58M
09 C Citigroup Inc. 2.99% 12.23K $1.57M
11 VTR Ventas, Inc. 2.79% 17.93K $1.47M
12 STT State Street Corporation 2.68% 7.97K $1.4M
16 FITB Fifth Third Bancorp 2.43% 25.04K $1.28M
17 CRBG Corebridge Financial, Inc. 2.32% 34.75K $1.22M
19 HOOD Robinhood Markets, Inc. 2.23% 10.46K $1.17M
20 ALL The Allstate Corporation 2.22% 5.2K $1.17M

SECTOR HOLDINGS

TECHNOLOGY IS 85.01% OF THE FUND
Financial Services 85.01%
Real Estate 12.71%
Technology 2.29%
Cash & Others 0.00%

BY REGION

UNITED STATES IS 93.71% OF THE FUND
United States 93.71%
Puerto Rico 4.92%
Bermuda 1.12%
— Other 0.26%