PIE Stock Summary and Trading Ideas (Invesco Dorsey Wright Emerging Markets Momentum ETF | NASDAQ:PIE)

The Invesco Dorsey Wright Emerging Markets Momentum ETF (Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (Index). The Fund will generally invest at least 90% of its total assets in securities of emerging economies within Dorsey Wright & Associates' classification definition, as well as American depositary receipts (ADRs) and global depositary receipts (GDRs) based on securities in the Index. The Index includes approximately 100 companies from the Nasdaq Emerging Markets Index that possess powerful relative strength characteristics and are domiciled in emerging market countries including, but not limited to Brazil, Chile, China, India, Indonesia, Philippines, South Africa, Thailand and Turkey. The Index excludes US companies listed on a US stock exchange. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced and reconstituted quarterly.

Invesco Dorsey Wright Emerging Markets Momentum ETF trades on the NASDAQ stock market under the symbol PIE.

As of March 5, 2025, PIE stock price climbed to $19.22 with 14,673 million shares trading.

PIE has a beta of 0.80, meaning it tends to be less sensitive to market movements. PIE has a correlation of 0.44 to the broad based SPY ETF.

PIE has a market cap of $98.98 million. This is considered a Micro Cap stock.

In the last 3 years, PIE traded as high as $24.02 and as low as $15.73.

PIE has underperformed the market in the last year with a return of -3.7%, while the SPY ETF gained +15.2%. In the last 3 month period, PIE fell short of the market, returning -4.1%, while SPY returned -3.7%. However, in the most recent 2 weeks PIE has outperformed the stock market by returning -0.3%, while SPY returned -4.6%.

PIE support price is $18.45 and resistance is $18.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PIE shares will trade within this expected range on the day.