Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL

$101.63

0.53%

Market Cap: $90.5M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

2% less funds holding

Funds holding: 52 [Q1] → 51 (-1) [Q2]

7.98% less ownership

Funds ownership: 40.35% [Q1] → 32.38% (-7.98%) [Q2]

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

23% less capital invested

Capital invested by funds: $35M [Q1] → $27.1M (-$7.94M) [Q2]

38% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 16

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Research analyst outlook

We haven’t received any recent analyst ratings for PSL.

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Financial journalist opinion

U.S. Retail Earnings Update - August 13, 2024

To date, 145 of the 199 companies in our Retail/Restaurant Index have reported their EPS results for Q2 2024, representing 73% of the index. The blended revenue growth estimate for the 199 companies in this index is 3.5% for Q2 2024. Home Depot reported better-than-expected Q2 earnings and revenue.

U.S. Retail Earnings Update - August 13, 2024

Target Consumer Staples After Wholesale Prices Have Fallen

While consumer prices may have gone up in December, wholesale prices fell, much to the surprise of many economists. And this decline in wholesale prices should impact spending on consumer staples.

Target Consumer Staples After Wholesale Prices Have Fallen

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