Invesco Dorsey Wright Consumer Staples Momentum ETF
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
12% more funds holding
Funds holding: 51 [Q3] → 57 (+6) [Q4]
12% more capital invested
Capital invested by funds: $31.5M [Q3] → $35.2M (+$3.69M) [Q4]
9.91% more ownership
Funds ownership: 28.63% [Q3] → 38.54% (+9.91%) [Q4]
48% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 21
Research analyst outlook
We haven’t received any recent analyst ratings for PSL.
Financial journalist opinion
Neutral
ETF Trends
21 hours ago
Consumer Staples ETFs: Defensive Strength in Uncertain Times
Consumer spending has been a strong point in the economy, but recent headwinds are building. The consumer discretionary sector has felt pressure due to recessionary concerns on top of pricing inflation from potential tariffs.
Neutral
MarketBeat
3 weeks ago
3 Consumer Staples ETFs for Stability in a Volatile Market
As reports that inflation heated up in January 2025 emerged on February 12, the market shuddered, with the Dow dropping by more than 300 points in morning trading. The recent Consumer Price Index report may be enough to prompt investors to take a cautious stance, particularly as the impact of recent aluminum and steel tariffs has yet to be seen and the threat of tariffs on Mexican and Canadian goods remains in play.
Negative
Zacks Investment Research
3 months 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
4 months 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
4 months 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
6 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
1 year 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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