Invesco DWA Utilities Momentum ETF company info

What does Invesco DWA Utilities Momentum ETF do?
Invesco DWA Utilities Momentum ETF (NASDAQ:PUI) is a specialized exchange-traded fund that focuses on investing in utilities companies showing strong momentum in their stock prices. This targeted approach seeks to capitalize on the upward price movements within the utilities sector, tapping into companies that display robust performance and growth potential. The ETF aims to track the DWA Utilities Technical Leaders Index, which identifies utilities firms with positive relative strength, allowing it to adapt and adjust its holdings to align with changing market dynamics. Its objective is to offer investors exposure to a curated selection of utilities stocks poised for growth, thereby aiming for long-term capital appreciation. The fund operates exclusively on the NASDAQ, ensuring a focused and strategic approach to utilities investment.
Invesco DWA Utilities Momentum ETF company media
Company Snapshot

Is Invesco DWA Utilities Momentum ETF a public or private company?

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Ownership
Public

How many people does Invesco DWA Utilities Momentum ETF employ?

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Employees
5,016

What sector is Invesco DWA Utilities Momentum ETF in?

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Sector
ETF

Where is the head office for Invesco DWA Utilities Momentum ETF?

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Head Office
Atlanta, United States

What year was Invesco DWA Utilities Momentum ETF founded?

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Year Founded
2005
What does Invesco DWA Utilities Momentum ETF specialise in?
/Investment Management /Utilities Sector /Momentum Investing /Exchange Traded Fund /Asset Allocation /Capital Appreciation

What are the products and/or services of Invesco DWA Utilities Momentum ETF?

Overview of Invesco DWA Utilities Momentum ETF offerings
Exposure to Utilities with Momentum: PUI focuses on companies within the utilities sector that are experiencing strong price performance compared to their peers. This strategy aims to capture potential outperformance within the utilities space.
Targeted Investment Approach: Unlike broad market ETFs, PUI offers a targeted approach to the utilities sector by focusing on momentum stocks. This can be appealing to investors seeking to potentially amplify gains within this sector.
Quarterly Rebalancing: The holdings and weighting of PUI are rebalanced quarterly to maintain its focus on momentum stocks within the utilities sector.
Potential for Higher Returns: By targeting momentum stocks, PUI has the potential to outperform broader utilities ETFs, particularly in rising markets.
Risk of Volatility: The focus on momentum stocks can also lead to increased volatility compared to broader utilities ETFs.
Expense Ratio: Like all ETFs, PUI charges an expense ratio, a fee that covers the ETF's operational costs. This expense ratio reduces the overall return for investors.