Invesco Dorsey Wright Consumer Staples Momentum ETF
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0% more funds holding
Funds holding: 51 [Q2] → 51 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
1% less capital invested
Capital invested by funds: $31.8M [Q2] → $31.5M (-$328K) [Q3]
9.42% less ownership
Funds ownership: 38.05% [Q2] → 28.63% (-9.42%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for PSL.
Financial journalist opinion
Negative
Zacks Investment Research
1 month ago
Consumer ETFs in Focus Amid Likely Tariff Hike
If the promised Trump tariffs take effect soon, inflation could go up and leave a dent on consumers' buying power.
Positive
Seeking Alpha
1 month ago
PSL: Momentum-Based Consumer Staples ETF Set To Outperform
PSL currently holds 42 U.S. Consumer Staples stocks selected for their strong intermediate and long-term price movements. Its 0.60% expense ratio is high, as is its 0.10% median bid-ask spread. Another downside is PSL's low $92 million in assets under management. However, even though many have ignored this fund, PSL outperformed XLP since its Index changed in February 2014. While momentum is the focus, PSL also has exceptional earnings momentum, evidenced by its constituents' 11.03% last quarter earnings surprise figure and 6.82/10 EPS Revision Score.
Positive
Zacks Investment Research
1 month ago
Consumer Staples ETF (PSL) Hits New 52-Week High
For investors seeking momentum, Invesco Dorsey Wright Consumer Staples Momentum ETF PSL is probably on the radar. The fund just hit a 52-week high and is up 26.2% from its 52-week low price of $81.26/share.
Positive
Seeking Alpha
4 months ago
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.
Positive
ETF Trends
11 months ago
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.
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