Invesco S&P 500 Value with Momentum ETF (PXLV)
Invesco S&P 500 Value with Momentum ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $40.29, down 0.03% on the session, giving a market capitalisation of $62.0M. Its beta of 0.93 implies it has historically moved less than the broad market.
The Invesco S&P 500 Value with Momentum ETF is designed to mirror the investment performance of the S&P 500 High Momentum Value Index, prior to factoring in fees and expenses. This fund typically allocates at least 90% of its total assets to the specific equities that comprise this benchmark. The index, which the fund tracks, is meticulously compiled, maintained, and calculated by its provider according to strict guidelines. It is engineered to include approximately 100 companies from the S&P 500® that exhibit the highest ratings for both 'value' and 'momentum' attributes.
Invesco S&P 500 Value with Momentum ETF is most often compared with the following Financial Services names: