AI infrastructure spending, strong defense demand, and rising manufacturing activity have all helped to push the industrials sector higher this year. The benchmark Industrial Select Sector SPDR Fund NYSEARCA: XLI, which tracks a broad index of large S&P companies in the industrials sector, has returned more than 16% year to date (YTD), making it one of the top-performing sector-specific funds over that period.
Launched on October 12, 2006, the Invesco Dorsey Wright Industrials Momentum ETF (PRN) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Broad segment of the equity market.
PRN hits a new 52-week high as momentum in industrial stocks accelerates, fueled by domestic manufacturing strength.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 14,224 | $2.28M | $3.14M | $866,469.8 | 38.05% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 450 | $44,739.42 | $99,445.5 | $54,706.08 | 122.28% |
| LJB Laura J. Bornheimer GWN SECURITIES Inc. | 7,996 | $1.12M | $1.77M | $644,108.47 | 57.36% |
Jeff Ameen Spire Wealth Management | 1,289 | $228,373.95 | $284,856.12 | $56,482.17 | 24.73% |
Benjamin Cauley Carr Financial Group Corp. | 1,386 | $269,573 | $312,522.21 | $42,949.21 | 15.93% |
| NASDAQ (NMS) Exchange | US Country |
This firm operates as an investment fund dedicated to capitalizing on the momentum within the industrials sector. By committing at least 90% of its total assets to securities included in the underlying index, the fund seeks to ensure that its investment strategy closely aligns with the performance of at least 30 industrials-sector companies demonstrating strong relative strength or momentum characteristics. This focus on momentum is central to the fund's investment philosophy and approach, aiming to leverage trends within the industrials sector to provide favorable returns to its investors.
This product is designed for investors looking to capitalize on the momentum in the industrials sector. It invests in a portfolio of securities comprising at least 30 companies within the sector, chosen based on their strong relative strength or momentum characteristics. This strategy aims to provide investors with significant exposure to the industrials sector's potential for high growth, guided by an underlying index that represents companies with compelling momentum.
The fund invests in securities that closely track an underlying index composed of industrials sector companies with standout momentum traits. This approach allows investors to benefit from a diversified portfolio that reflects the performance of the sector’s top performers as identified by their momentum. It ensures a disciplined investment strategy that minimizes stock-specific risks while seeking to capture sector-wide growth opportunities.