(PTH) Invesco DWA Healthcare - Ratings and Ratios

The Invesco DWA Healthcare Momentum ETF (NASDAQ:PTH) is designed to track the performance of companies in the healthcare sector exhibiting strong relative strength or momentum characteristics. The fund typically allocates at least 90% of its total assets to securities included in its underlying index, which is comprised of a minimum of 30 healthcare-related stocks. The index employs a momentum-based strategy, focusing on companies that demonstrate powerful price movement and relative strength compared to peers. This approach aims to capitalize on trending healthcare sectors, such as biotechnology, pharmaceuticals, and medical devices. For more information, visit http://www.invesco.com/us.

From a technical standpoint, PTH is currently trading below its key moving averages, with the 20-day SMA at 42.84 and the 50-day SMA at 41.84, both above the last price of 40.01. The 200-day SMA of 44.01 further indicates a downward trend. The Average True Range (ATR) of 1.06 reflects moderate volatility, while the average 20-day volume of 19,129 shares suggests limited trading activity. The funds assets under management (AUM) of $116.83 million indicate a modest but stable investor base.