Connect with us
Investment expert Jim Woods shares the details on this Growth-Oriented Health Care Play.

archive

Accelerate with This Growth-Oriented Health Care Play

Investment expert Jim Woods shares the details on this Growth-Oriented Health Care Play.

Starting this week, we??ll be featuring some of the top-performing momentum exchanged-traded funds (ETFs) in our column.

Today??s featured fund, Invesco DWA Healthcare Momentum ETF (PTH), provides an alternate take on U.S. health care firms. Momentum funds attempt to employ a price momentum strategy, which aims to profit from proven trends in the market.

An example of this strategy is when a trader takes a long position in an asset that has shown an upward trending price in the hopes of reaping additional upside potential. Founded in October 2006, PTH has been around for over a decade but only in 2014 did the fund switch to track a momentum-weighted index, which moved the ETF away from exposure to the neutral segment in larger U.S. health care firms toward segments that are much more growth-focused.

In addition, the fund also places an emphasis on biotech and research sectors. As a result, the fund has a bias towards small-caps and carries considerably more risk.

Click here to read the rest of this article, “Accelerate with This Growth-Oriented Health Care Play.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Jim Woods is a freelance financial journalist specializing in the markets and the economy. He champions the cause of liberty from a secured location deep inside the Golden State.

Advertisement
Advertisement

TRENDING NOW:

Dunkin Donuts Refuses to Get Woke: ‘We Are Not Starbucks’

CULTURE

Woke Mafia Panics as Game of Thrones Slays Queen SJW

CULTURE

China, the EU, and Globalism – Not Brexit – Killed British Steel

FOREIGN AFFAIRS

Human Events from London: Farage’s Eyes Power As Brexit Party Surges.

FOREIGN AFFAIRS

archive

Accelerate with This Growth-Oriented Health Care Play

Starting this week, we’ll be featuring some of the top-performing momentum exchanged-traded funds (ETFs) in our column.

Today’s featured fund, Invesco DWA Healthcare Momentum ETF (PTH), provides an alternate take on U.S. health care firms. Momentum funds attempt to employ a price momentum strategy, which aims to profit from proven trends in the market.

An example of this strategy is when a trader takes a long position in an asset that has shown an upward trending price in the hopes of reaping additional upside potential. Founded in October 2006, PTH has been around for over a decade but only in 2014 did the fund switch to track a momentum-weighted index, which moved the ETF away from exposure to the neutral segment in larger U.S. health care firms toward segments that are much more growth-focused.

In addition, the fund also places an emphasis on biotech and research sectors. As a result, the fund has a bias towards small-caps and carries considerably more risk.

Click here to read the rest of this article, “Accelerate with This Growth-Oriented Health Care Play.

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

Dunkin Donuts Refuses to Get Woke: ‘We Are Not Starbucks’

CULTURE

Woke Mafia Panics as Game of Thrones Slays Queen SJW

CULTURE

China, the EU, and Globalism – Not Brexit – Killed British Steel

FOREIGN AFFAIRS

Human Events from London: Farage’s Eyes Power As Brexit Party Surges.

FOREIGN AFFAIRS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter