PTH Stock Summary and Trading Ideas (Invesco Dorsey Wright Healthcare Momentum ETF | NASDAQ:PTH)

The Invesco Dorsey Wright Healthcare Momentum ETF (Fund) is based on the Dorsey Wright Healthcare Technical Leaders Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 securities from the NASDAQ US Benchmark Index. Relative strength is the measurement of a security's performance in a given universe over time as compared to the performance of all other securities in that universe. The Fund and the Index are rebalanced and reconstituted quarterly.

Invesco Dorsey Wright Healthcare Momentum ETF trades on the NASDAQ stock market under the symbol PTH.

As of December 16, 2024, PTH stock price climbed to $42.02 with 10,445 million shares trading.

PTH has a market cap of $128.16 million. This is considered a Micro Cap stock.

In the last 3 years, PTH traded as high as $52.11 and as low as $29.08.

PTH has underperformed the market in the last year with a price return of +12.1% while the SPY ETF gained +30.5%. PTH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -10.1% and -7.0%, respectively, while the SPY returned +8.3% and +0.7%, respectively.

PTH support price is $41.06 and resistance is $42.34 (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 PTH shares will trade within this expected range on the day.