Invesco DWA NASDAQ Momentum ETF (DWAQ)
Invesco DWA NASDAQ Momentum ETF operates in the Asset Management industry of the Financial Services sector, headquartered in MA, US. The stock last traded at $137.06, down 0.15% on the session, giving a market capitalisation of $54.8M. Its beta of 1.27 implies it has historically moved more than the broad market.
This fund aims to mirror the investment outcomes (prior to factoring in fees and expenses) of the Dorsey Wright® NASDAQ Technical Leaders Index. It generally allocates at least 90% of its total assets to the securities that make up this underlying index. The index itself is composed of roughly 100 stocks, which are selected from a broader universe of approximately 1,000 of the largest companies by market capitalization within the NASDAQ US Benchmark Index. However, U.S.-listed American Depositary Receipts (ADRs) and foreign securities traded on The Nasdaq Stock Market are specifically excluded from this selection process.
Invesco DWA NASDAQ Momentum ETF is most often compared with the following Financial Services names: