Invesco Dorsey Wright Healthcare Momentum ETFPTH
PTH
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
0.88% less ownership
Funds ownership: 33.15% [Q3] → 32.27% (-0.88%) [Q4]
2% less funds holding
Funds holding: 64 [Q3] → 63 (-1) [Q4]
21% less capital invested
Capital invested by funds: $49.3M [Q3] → $39.1M (-$10.1M) [Q4]
64% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 22
Research analyst outlook
We haven’t received any recent analyst ratings for PTH.
Financial journalist opinion
Neutral
Seeking Alpha
3 days ago
PTH: A Health Care Headache Worth Selling
PTH is comprised of 30+ Health Care stocks selected based on a proprietary momentum-based model. Its expense ratio is 0.60% and the ETF has $115 million in assets under management. The strategy relies on technical analysis, but that's not necessarily the issue. Instead, PTH reconstitutes quarterly, forcing managers to wait to buy stocks only after they've made their massive gains. PTH's current holdings illustrate this point perfectly. Although they've gained 51% over the last six months, the ETF itself has declined by 12% over the same period.
Neutral
Seeking Alpha
2 weeks ago
Seeking Stocks With Vitality In The Volatile Healthcare Sector
Investors cooled to the healthcare sector in 2024, which dramatically trailed global and US equity markets for the year. any investors are now asking: how will the policy changes under a new US administration affect healthcare companies?
Positive
Zacks Investment Research
2 months 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.
Neutral
ETF Trends
9 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
1 year 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
1 year ago
6 Factors to Bet on Wall Street: ETFs to Buy
The Nasdaq Composite and the S&P 500 hit new all-time high Friday. However, there are chances of further rally.
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