(PRN) Invesco DWA Industrials - Ratings and Ratios

The Invesco DWA Industrials Momentum ETF (NASDAQ:PRN) is designed to track the performance of companies in the industrials sector exhibiting strong relative strength or momentum characteristics. The fund invests at least 90% of its total assets in securities from its underlying index, which typically includes 30 or more companies. These companies are selected based on their relative strength, a metric that measures a securitys performance relative to its peers. The ETFs underlying index is rebalanced periodically to ensure it maintains exposure to those industrials stocks with the most robust momentum.

As of the latest data, the ETF has an average trading volume of 78,398 shares over the past 20 days, with a last price of $145.86. Its short-term moving averages (SMA 20: $154.45, SMA 50: $157.41) indicate recent price weakness, while its long-term SMA 200 ($150.21) suggests the fund is trading near its 200-day average. The Average True Range (ATR) of 3.59 reflects moderate volatility. The fund manages approximately $378.07 million in assets under management (AUM), making it a mid-sized ETF in its category.