About Invesco DWA Basic Materials Momentum ETF (PYZ)

The Invesco DWA Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that seeks to track the performance of the Dorsey Wright Basic Materials Technical Leaders Index. The fund is designed to provide exposure to companies in the basic materials sector that demonstrate strong relative strength characteristics. It employs a momentum-based strategy that selects and weights its holdings based on their momentum scores. PYZ offers investors a way to gain targeted exposure to the basic materials industry without the need to pick individual stocks.

As of the latest available data, the price of PYZ is $68.50 per share. It has experienced a 52-week range of $46.12 to $75.35. The ETF has a market capitalization of $83.28 million, indicating its relative size within the market. PYZ has a trading volume of approximately 29,000 shares per day, highlighting its liquidity for investors.