Invesco DWA Consumer Cyclicals Momentum ETF Price & Performance (PEZ)

Jones Financial Companies has significantly increased its holdings in the Invesco Dorsey Wright Consumer Staples Momentum ETF, raising its stake by over 265% in the fourth quarter. The ETF, which tracks consumer staples companies, currently trades at $105.39, with a market cap of $88.53 million.1

Technical analysis of the Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) suggests trading strategies focused on resistance levels near $87.33. Analysts recommend shorting at this resistance or buying if it breaks higher, with targets ranging from $84.14 to $96.65, depending on the plan.2

Momentum-based ETFs like the Invesco Dorsey Wright Consumer Staples Momentum ETF and Invesco DWA Consumer Cyclicals Momentum ETF are witnessing diverse investor strategies. While some funds are increasing allocations, technical signals for others suggest caution due to resistance and support level dynamics.12