PYZ - Invesco DWA Basic Materials Momentum ETF

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
58.92
-0.14 (-0.23%)
As of 11:16AM EDT. Market open.
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Previous Close59.06
Open58.71
Bid59.02 x 800
Ask59.12 x 900
Day's Range58.71 - 58.92
52 Week Range50.09 - 70.14
Volume509
Avg. Volume2,011
Net Assets53.21M
NAV59.14
PE Ratio (TTM)N/A
Yield1.42%
YTD Return11.30%
Beta (3Y Monthly)1.46
Expense Ratio (net)0.60%
Inception Date2006-10-12
Trade prices are not sourced from all markets
  • Materials Sector Leading in June: 5 ETF Winners
    Zacks

    Materials Sector Leading in June: 5 ETF Winners

    The materials sector is leading the way higher this month, trailing information technology, and is on track for the best monthly gain since October 2015, having climbed 9.5%.

  • Materials ETFs Surge Amid Rate Cut Hopes
    Investopedia

    Materials ETFs Surge Amid Rate Cut Hopes

    Basic materials stocks have rallied in the first week of June on dollar weakness. Play for continued strength using these ETFs.

  • Celanese’s ATEVA EVA Polymers: Higher Price
    Market Realist

    Celanese’s ATEVA EVA Polymers: Higher Price

    Chemical Companies: Analyzing Key Updates Last Week(Continued from Prior Part)Price increaseIn a press release on March 13, Celanese (CE) announced that it would increase the price of its ATEVA EVA polymers. The company increased the price by $80

  • Westlake Chemical Reported Disappointing Q4 Earnings
    Market Realist

    Westlake Chemical Reported Disappointing Q4 Earnings

    Chemical Companies: How Did They Perform Last Week?(Continued from Prior Part)Westlake ChemicalOn February 19, Westlake Chemical (WLK) announced its fourth-quarter earnings. The company reported an adjusted EPS of $0.95—compared to $1.62 in

  • Celanese Announced Higher Acetyl Intermediates Prices
    Market Realist

    Celanese Announced Higher Acetyl Intermediates Prices

    Chemical Companies: How Did They Perform Last Week?(Continued from Prior Part)Acetyl intermediates On February 20, Celanese (CE) announced higher prices for acetyl intermediate products. The price increase is seen across different regions as

  • Why Materials & Mining ETFs Are Riding Higher
    Zacks

    Why Materials & Mining ETFs Are Riding Higher

    Plenty of factors have been pushing materials, and metal and mining ETFs higher of late.

  • Eastman Chemical Declares First-Quarter Dividend
    Market Realist

    Eastman Chemical Declares First-Quarter Dividend

    Eastman Chemical Declares First-Quarter DividendEastman Chemical declares first-quarter dividend In a press release on February 14, Eastman Chemical (EMN) announced its dividend for the first quarter of 2019. EMN declared a dividend of $0.62, an

  • Celanese to Increase Acetyl Intermediates Prices
    Market Realist

    Celanese to Increase Acetyl Intermediates Prices

    Chemical Companies: Key Updates Last Week(Continued from Prior Part)Celanese to increase acetyl intermediates prices On January 31, Celanese (CE) announced that it would increase acetyl intermediates prices. The price increase is effective

  • H.B. Fuller Announced Its Fourth-Quarter Earnings
    Market Realist

    H.B. Fuller Announced Its Fourth-Quarter Earnings

    Weekly Update: Specialty Chemicals in the Week Ending January 18(Continued from Prior Part)H.B. Fuller’s fourth-quarter earnings On January 16, H.B. Fuller (FUL) announced its fourth-quarter earnings. In the fourth quarter, the company reported an

  • PPG’s Performance Coatings’ Q4 Revenue Grows, Margin Remains Flat
    Market Realist

    PPG’s Performance Coatings’ Q4 Revenue Grows, Margin Remains Flat

    PPG Industries' Q4 Earnings Beat the Street—Stock Rises(Continued from Prior Part)Performance Coatings segment PPG Industries (PPG) has two reporting segments: Performance Coatings and Industrial Coatings. The Performance Coatings segment was the

  • Celanese Appointed a New General Counsel
    Market Realist

    Celanese Appointed a New General Counsel

    Weekly Update: Specialty Chemicals in the Week Ending January 18(Continued from Prior Part)Celanese appointed a new general counsel On January 17, Celanese (CE) announced that it appointed A. Lynne Puckett as the company’s senior vice president

  • Key Dates: RPM International’s First-Quarter Dividend
    Market Realist

    Key Dates: RPM International’s First-Quarter Dividend

    Analyzing RPM International's First-Quarter Dividends ## RPM International’s first-quarter dividend In a press release on January 2, RPM International (RPM) announced the rates and key dates for its first-quarter dividend. To be eligible for RPM International’s first-quarter dividend, investors must hold RPM International shares in the company’s records as of the market close on January 16. The dividend is expected to be paid on January 31. For the first quarter, RPM International declared a dividend of $0.35 per share—no change from the previous quarter. However, the dividend represents an increase of ~9.4% compared to the same quarter the previous year. PPG Industries (PPG) and Sherwin-Williams (SHW) paid their fourth-quarter dividend of $0.48 and $0.86 per share, respectively, while Axalta (AXTA) hasn’t paid any dividends. RPM International had ~131.7 million outstanding shares after its earnings for the second quarter of fiscal 2019. Assuming that no share buybacks take place before the record date, RPM International will be paying $46.1 million in the form of dividends to its shareholders. ## Dividend growth trend RPM International has increased its dividend for 45 consecutive years. Since 2015, RPM International’s dividend has grown at a compound annual growth rate of ~8.7%. We need to discuss the cash flows to see if RPM International can sustain its dividend growth. Next, we’ll discuss RPM International’s free cash flow growth and its ability to support its dividend growth. Investors can get indirect exposure to RPM International through the Invesco DWA Basic Materials Momentum ETF (PYZ). PYZ had 3.1% of its holdings invested in RPM International as of January 10. Continue to Next Part Browse this series on Market Realist: * Part 2 - RPM International’s Free Cash Flow Trend * Part 3 - RPM’s Dividend Yield Is Showing an Upward Trend Again * Part 4 - RPM International: Analysts’ Recommendations

  • PolyOne Will Acquire Fiber-Line
    Market Realist

    PolyOne Will Acquire Fiber-Line

    Analyzing Chemical Companies in the Week Ending January 4 (Continued from Prior Part) ## PolyOne to acquire Fiber-Line On January 2, PolyOne (POL) announced that it acquired Fiber-Line. PolyOne paid $120 million for the acquisition. The acquisition is expected to add ~$100 million to PolyOne’s 2019 revenues. The impact of the acquisition will likely be reflected in the first quarter. Robert M. Patterson, PolyOne’s chairman, president, and CEO, said, “We’re very excited to welcome Dale and his accomplished Fiber-Line management team to PolyOne. Through increased collaboration with customers, we’ll capture both near-term growth prospects as well as benefit from the expansion of 5G networks. Longer term, we expect future growth to be driven by significant technology synergies between fiber and composites, utilizing specialty colorants and coatings, which PolyOne is well positioned to develop.” ## Stock price update PolyOne stock had a good start in 2019. The stock gained 5.1% and closed at $29.71. Despite the gains, the stock traded 18.9% below the 100-day moving average price of $36.65. PolyOne’s 100-day moving average has fallen from a high of $44, which indicates that the stock is on a downward trend. PolyOne’s 14-day RSI (relative strength index) is at 49, which indicates that the stock isn’t overbought or oversold. An RSI of 30 and below shows that the stock is oversold. An RSI of 70 and above indicates that the stock moved into the overbought position. In 2018, PolyOne stock declined 34.25%. LyondellBasell (LYB), Celanese (CE), and Eastman Chemical (EMN) fell 24.6%, 16%, and 21.1%, respectively. Investors could hold PolyOne indirectly by investing in the Invesco DWA Basic Materials Momentum ETF (PYZ). PYZ has invested 15% of its portfolio in PolyOne as of January 4. Continue to Next Part Browse this series on Market Realist: * Part 1 - DowDuPont’s Corteva Sold Its Herbicide Product Line * Part 2 - Celanese Completed the Next Polymers Acquisition * Part 3 - Westlake Chemical Completed the Nakan Acquisition

  • Westlake Chemical Completed the Nakan Acquisition
    Market Realist

    Westlake Chemical Completed the Nakan Acquisition

    Analyzing Chemical Companies in the Week Ending January 4 (Continued from Prior Part) ## Westlake Chemical completed the Nakan acquisition On January 2, Westlake Chemical (WLK) announced that it completed the Nakan acquisition. Westlake Chemical entered into an agreement with OpenGate Capital on September 25. In an all-cash deal, Westlake Chemical will pay $265 million for the acquisition. The acquisition will complement Westlake Chemical’s compounding business. The acquisition will likely help Westlake Chemical increase its global presence in compounding solutions. The company will have facilities in France, Germany, China, Italy, Japan, Spain, Mexico, Vietnam, and the US. The acquisition is seen as a strategic fit for Westlake Chemical. The impact of the acquisition will likely be reflected in the first-quarter earnings. Albert Chao, Westlake Chemical’s president and CEO, said, “NAKAN brings an impressive business with an outstanding reputation for meeting customer needs with superior technology, product quality, and operating excellence. We are pleased to welcome their talented team into the Westlake family of companies.” ## Stock price update Westlake Chemical stock bounced back after declining for a while. The stock gained 7.7% for the week and closed at $69.57. However, the stock is still trading 11.4% below its 100-day moving average price of $78.56. Westlake Chemical’s 100-day moving average has fallen from a peak of $112.40. In 2018, Westlake Chemical declined 37.9%%, while Eastman Chemical (EMN), Celanese (CE), and LyondellBasell (LYB) declined 21.1%, 16%, and 24.6%, respectively. Westlake Chemical’s 14-day relative strength index of 57 indicates that the stock isn’t overbought or oversold. Investors could hold Westlake Chemical indirectly by investing in the PowerShares DWA Basic Materials Momentum Portfolio ETF (PYZ). PYZ invests 1.9% of its portfolio in Westlake Chemical. Continue to Next Part Browse this series on Market Realist: * Part 1 - DowDuPont’s Corteva Sold Its Herbicide Product Line * Part 2 - Celanese Completed the Next Polymers Acquisition * Part 4 - A. Schulman Announces Dividend for the Convertible Special Stock

  • Celanese Completed the Next Polymers Acquisition
    Market Realist

    Celanese Completed the Next Polymers Acquisition

    Analyzing Chemical Companies in the Week Ending January 4 (Continued from Prior Part) ## Celanese acquires Next Polymers On January 2, Celanese (CE) announced that it completed the acquisition of Next Polymers—one of India’s largest engineering thermoplastics compounders. Celanese entered into a definitive agreement with Next Polymers on October 11. However, Celanese didn’t disclose the financial aspects of the deal. The acquisition will likely help Celanese improve its footprint in India. The impact of the acquisition will likely be reflected in the first quarter. Next Polymers has a capacity production of 20 kilotons of various engineering thermoplastics compounders. Scott Sutton, Celanese’s COO, said, “This acquisition complements our rapidly growing India business and establishes Celanese as a leader in the Indian ETP market by broadening our ability to serve nylon and other engineered materials customers with high product quality and service levels, while also offering our customers a wider range of polymer products.” ## Stock price update Celanese ended the first week of 2019 on a positive note. The stock closed at $91.46 and gained 2.2% for the week ending January 4. Despite the gains, Celanese stock traded 11.8% below the 100-day moving average price of $103.68. Celanese’s 100-day moving average has fallen from $104.38 to the current levels, which indicates weakness in the stock. For 2018, Celanese stock declined 16%. Eastman Chemical (EMN), LyondellBasell (LYB), and Westlake Chemical (WLK) declined 21.10%, 11.6, 24.6%, and 37.9%, respectively, in 2018. Celanese’s 14-day RSI (relative strength index) score of 36 indicates that the stock isn’t overbought or oversold. An RSI of 30 and below indicates that the stock is oversold. An RSI of 70 and above indicates that the stock has moved into the overbought position. Investors could hold Celanese indirectly through the Invesco DWA Basic Materials Momentum ETF (PYZ). PYZ had 3.2% exposure to Celanese as of January 4. PYZ gained 3.1% for the week. Continue to Next Part Browse this series on Market Realist: * Part 1 - DowDuPont’s Corteva Sold Its Herbicide Product Line * Part 3 - Westlake Chemical Completed the Nakan Acquisition * Part 4 - A. Schulman Announces Dividend for the Convertible Special Stock

  • Ashland Increases Composite Product Prices in India
    Market Realist

    Ashland Increases Composite Product Prices in India

    On January 3, Ashland (ASH) announced that it will increase composite product prices. The price increase is limited to India. The price increase will be effective on January 3 or as the contract allows.

  • Air Products and Chemicals’ Short Interest Has Risen Marginally
    Market Realist

    Air Products and Chemicals’ Short Interest Has Risen Marginally

    The latest report of December 14 indicates that Air Products and Chemicals’ (APD) short interest has increased marginally on a sequential biweekly basis. The short interest has increased for the second consecutive week. However, the short interest is just marginally above 1% of Air Products and Chemicals’ outstanding shares. Air Products and Chemicals’ short interest as a percentage of its outstanding shares increased to 1.13 % from 1.06% on November 30.

  • IFF’s Dividend Yield Is at Its Highest—Is This Encouraging?
    Market Realist

    IFF’s Dividend Yield Is at Its Highest—Is This Encouraging?

    On December 24, International Flavors & Fragrances’ (IFF) dividend yield was 2.27%, its highest quarterly dividend yield since the first quarter of 2013.

  • Celanese Increased VAM Prices in Asia outside China
    Market Realist

    Celanese Increased VAM Prices in Asia outside China

    Analyzing Specialty Chemical Companies Last WeekCelanese increased VAM prices On December 21, Celanese (CE) increased VAM (vinyl acetate monomer) prices. The price increase is only applicable to Asia outside China.

  • Analyzing Eastman Chemical’s Dividend in the Fourth Quarter
    Market Realist

    Analyzing Eastman Chemical’s Dividend in the Fourth Quarter

    Eastman Chemical’s (EMN) fourth-quarter ex-dividend date is around the corner. Eastman Chemical will trade ex-dividend on December 14. The company has set December 17 as the record date. Investors who want to receive the dividend must hold the stock by the record date. Eastman Chemical expects to pay the dividend on January 4.

  • LyondellBasell: Analysts’ Views and Recommendations
    Market Realist

    LyondellBasell: Analysts’ Views and Recommendations

    In the past six months, the number of analysts tracking LyondellBasell (LYB) fell from 23 to 20. Analysts’ consensus view indicates a target price of $106.5 for LyondellBasell, which implies a return potential of 20.7% over the closing price as of December 6. In the past three months, analysts have reduced their target price from $120.25 to the current target price.

  • Albemarle: What Institutional Activities Suggest
    Market Realist

    Albemarle: What Institutional Activities Suggest

    The 13F filings on September 30 indicate that institutional investors own ~93.4% of Albemarle’s (ALB) outstanding shares. A total of 652 institutions hold Albemarle. Among the institutional holders, 298 increased their positions on Albemarle, 260 reduced their positions, and 94 maintained their positions.

  • Analyzing Eastman Chemical’s Free Cash Flow
    Market Realist

    Analyzing Eastman Chemical’s Free Cash Flow

    In the previous part, we discussed Eastman Chemical’s (EMN) debt position and its debt-to-equity ratio. In this part, we’ll discuss Eastman Chemical’s free cash flow trend. We’ll see if Eastman Chemical’s free cash flow could bring down its debt level.

  • Celanese: An Update on the Product Price Increase
    Market Realist

    Celanese: An Update on the Product Price Increase

    In a press release on November 21, Celanese (CE) announced that it would increase the price of acetic acid. The price increase will only be effective in China. The price increase will be effective immediately or as the contract allows. The acetic acid price in China will be higher by 515 renminbi per metric ton. The price increase is in addition to the previously announced price increases.

  • Westlake Chemical Announced Its Fourth-Quarter Dividend
    Market Realist

    Westlake Chemical Announced Its Fourth-Quarter Dividend

    On November 16, Westlake Chemical (WLK) announced the key dates for its fourth-quarter dividend. Investors are required to hold Westlake Chemical shares as of the close on November 27 in the company’s record book. The dividend is expected to be paid on December 11. Westlake Chemical didn’t change its dividend rate over the previous quarter and declared a dividend of $0.25 per share for the fourth quarter.