Invesco Dorsey Wright Healthcare Momentum ETF
PTH

$47.87

2.16%

Market Cap: $153M

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

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

8.54% less ownership

Funds ownership: 38.89% [Q1] → 30.35% (-8.54%) [Q2]

9% less funds holding

Funds holding: 69 [Q1] → 63 (-6) [Q2]

28% less capital invested

Capital invested by funds: $58.8M [Q1] → $42.6M (-$16.2M) [Q2]

50% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 12

50% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 22

See Fund Rankings

Research analyst outlook

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

See Analyst Rankings

Financial journalist opinion

Neutral

ETF Trends

3 months ago

Finding Opportunity in Unloved Healthcare ETFs

Sometimes it feels like it's Nvidia's world and we all just live in it. Why bother with anything else?

Negative

Seeking Alpha

6 months ago

PTH: Avoid This Momentum-Based Small-Cap Health Care ETF

PTH tracks the DWA Healthcare Technical Leaders Index, selecting U.S. Health Care stocks based on a proprietary relative strength measure. There are about 300 U.S. Health Care stocks in the selection universe. The Index only requires 30, and any point, you'll see many early-stage firms delivering exceptional short-term returns. As a result, PTH holds mostly small-cap stocks with huge recent price gains. However, the flaw is its passively-managed approach that rebalances and reconstitutes on a fixed quarterly timeline.

Positive

Zacks Investment Research