Invesco DWA Momentum ETF (PDP) Adds Lumentum and Natera on Oct. 1

gurufocus.com · 2026-10-05

Invesco DWA Momentum ETF (PDP) saw 96 positions increased and 59 decreased on Thursday, Oct. 1, with a net $15.1 million sold. The fund's ETF activity included

TickrTrends take: Lumentum Holdings (MTSI) gained inclusion in the Invesco DWA Momentum ETF, which tracks stocks exhibiting strong price momentum characteristics. This type of passive index addition typically brings steady inflows from the ETF's shareholders, though the impact on valuation depends on whether the stock's momentum characteristics persist or normalize over time. Given TickrTrends' current assessment that MTSI is fairly valued, investors should monitor whether this inclusion sustains the momentum-driven demand or whether the stock's fundamentals justify continued momentum-based interest.

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