Invesco Dorsey Wright Industrials Momentum ETFPRN
PRN
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
55% more capital invested
Capital invested by funds: $123M [Q2] → $190M (+$67.4M) [Q3]
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
15% more funds holding
Funds holding: 71 [Q2] → 82 (+11) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
6.75% less ownership
Funds ownership: 54.39% [Q2] → 47.64% (-6.75%) [Q3]
33% less call options, than puts
Call options by funds: $612K | Put options by funds: $918K
Research analyst outlook
We haven’t received any recent analyst ratings for PRN.
Financial journalist opinion
Based on 5 articles about PRN published over the past 30 days
Positive
Zacks Investment Research
2 days ago
Unwrapping 5 ETF Surprises From Secret Santa for Christmas
The current dip has made many ETFs attractive, and we call them "Secret Santa." These could surprise investors with big returns this Christmas.
Positive
MarketBeat
6 days ago
Best Ways to Profit from the Industrial Sector's 2025 Comeback
The current tech boom has long overshadowed the industrial sector, but it is starting to show promising signs of a resurgence in 2025. While recent months have presented challenges, a mixture of factors suggests a potential rebound is on the horizon.
Positive
Seeking Alpha
6 days ago
PRN: Industrials Dashboard For December
A top-down analysis of the industrial sector, focusing on fundamental and momentum metrics. Subsectors are overvalued by 15% to 42% relative to 11-year averages, with transportation being the least overvalued and services/distribution the most. Invesco Dorsey Wright Industrials Momentum ETF (PRN) has greatly outperformed XLI in 2024, suggesting potential mean reversion.
Positive
ETF Trends
3 weeks ago
Invesco's 5 Top-Performing ETFs in 2024
The top-performing ETFs in Invesco's range in 2024 to date may surprise investors. The top ETFs by year-to-date returns as of November 20 span asset classes from crypto to a financials subsector to momentum factor strategies.
Positive
Zacks Investment Research
4 weeks ago
Should You Invest in the Invesco Dorsey Wright Industrials Momentum ETF (PRN)?
Launched on 10/12/2006, the Invesco Dorsey Wright Industrials Momentum ETF (PRN) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Broad segment of the equity market.
Positive
Zacks Investment Research
2 months ago
Should You Invest in the Invesco Dorsey Wright Industrials Momentum ETF (PRN)?
The Invesco Dorsey Wright Industrials Momentum ETF (PRN) was launched on 10/12/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Broad segment of the equity market.
Positive
Seeking Alpha
4 months ago
PRN: A Momentum Industrial ETF Delivering Growth And Outperformance
PRN offers exposure to high-growth industrial companies with price relative strength, outperforming peers like XLI over time. PRN's unique approach weighs holdings by momentum score, leading to higher valuations but also higher earnings and cash flow growth rates. Despite potential shortcomings in capturing sudden market shifts, PRN has historically outperformed peers like XLI and FIDU, offering strong performance in the industrial sector.
Positive
Zacks Investment Research
4 months ago
Should You Invest in the Invesco Dorsey Wright Industrials Momentum ETF (PRN)?
Looking for broad exposure to the Industrials - Broad segment of the equity market? You should consider the Invesco Dorsey Wright Industrials Momentum ETF (PRN), a passively managed exchange traded fund launched on 10/12/2006.
Positive
Seeking Alpha
5 months ago
PRN: Industrials Dashboard For July
The monthly article reports aggregate sub-sector metrics in industrials. This is the second most overvalued sector after information technology. Aerospace/defense looks the least attractive subsector, based on value and quality scores. PRN is an alternative to XLI with better fundamentals and historical return.
Positive
Zacks Investment Research
7 months ago
Should You Invest in the Invesco Dorsey Wright Industrials Momentum ETF (PRN)?
Looking for broad exposure to the Industrials - Broad segment of the equity market? You should consider the Invesco Dorsey Wright Industrials Momentum ETF (PRN), a passively managed exchange traded fund launched on 10/12/2006.
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