Invesco Bloomberg Analyst Rating Improvers ETFUPGD
UPGD
0
Funds holding %
of 6,810 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
8% more capital invested
Capital invested by funds: $21.3M [Q2] → $23M (+$1.75M) [Q3]
4% more funds holding
Funds holding: 26 [Q2] → 27 (+1) [Q3]
0.47% more ownership
Funds ownership: 19.54% [Q2] → 20.01% (+0.47%) [Q3]
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Research analyst outlook
We haven’t received any recent analyst ratings for UPGD.
Financial journalist opinion
Positive
Seeking Alpha
1 month 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
3 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
9 months 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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