Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ)

Market Cap: $62.6M

Fund manager confidence

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

21.26% more ownership

Funds ownership: 8.53% [Q1] → 29.79% (+21.26%) [Q2]

6% less funds holding

Funds holding: 34 [Q1] → 32 (-2) [Q2]

25% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 12

30% less capital invested

Capital invested by funds: $25.8M [Q1] → $18M (-$7.76M) [Q2]

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3