Invesco Bloomberg Analyst Rating Improvers ETFUPGD
UPGD
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
26% more funds holding
Funds holding: 27 [Q3] → 34 (+7) [Q4]
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
1.56% more ownership
Funds ownership: 20.01% [Q3] → 21.58% (+1.56%) [Q4]
1% more capital invested
Capital invested by funds: $23M [Q3] → $23.3M (+$265K) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for UPGD.
Financial journalist opinion
Negative
Seeking Alpha
2 months ago
UPGD: For Now, No Meaningful Achievements With The New Strategy
After the strategy change in March 2024, UPGD tracks the Bloomberg ANR Improvers Index. The idea to capitalize on equity research analysts' darlings is appealing, but returns are less so. UPGD has underperformed IVV since the index change, with December being especially challenging, and its contrarian equity mix is to blame.
Positive
Seeking Alpha
5 months ago
UPGD: A Super Interesting Fund Focused On Analysts
The Invesco Bloomberg Analyst Rating Improvers ETF targets stocks with improving analyst ratings, aiming to capture potential market winners based on the Bloomberg ANR Improvers Index. The UPGD ETF updates its holdings quarterly, maintaining a diversified portfolio with significant allocations in Consumer Staples, Industrials, and Information Technology. Despite underperforming compared to the SPDR S&P 500 ETF, the fund's mid-cap focus and dynamic strategy offer unique exposure to analyst-upgraded stocks.
Negative
Seeking Alpha
6 months ago
UPGD: New Strategy, Similar Concerns
UPGD has seen a thorough recalibration earlier this year, with the underlying index replaced and its name changed. With a new strategy centered on "Bloomberg analyst rating improvers," UPGD has issues similar to its previous iteration. More specifically, the factor mix it is offering has a profound value tilt, while sufficient growth factor exposure is lacking, which is a disadvantage in the current environment.
Positive
ETF Trends
1 year ago
This Week in ETFs: Despite Holiday, 10 New ETFs Debut
During the shortened trading week leading up to the Easter holiday, a total of 10 new ETFs launched on the U.S. market. These include funds from BlackRock, Morgan Stanley, VanEck, Invesco, Eagle Capital and Inspire.
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