Seeking Alpha
, ETF Trends (328 clicks)
ETF investing
Profile| Send Message|
( followers)  

ETF Spotlight on PowerShares Dynamic Retail (NYSEArca: PMR), part of a frequent series.

Assets: $13.1 million

Objective: The PowerShares Dynamic Retail tries to reflect the Dynamic Retail Intellidex Index, which evaluates companies based on fundamental growth, stock valuation, investment timelines and other risk factors, among others.

Holdings: Top holdings include: Walgreen Co. (NYSE: WAG) 5.36%, AutoZone Inc. (NYSE: AZO) 5.22%, Netflix Inc (NasdaqGS: NFLX) 5.21%, Wal-Mart Stores (NYSE: WMT) 5.12% and Costco Wholesale (NasdaqGS: COST) 5.12%.

What You Should Know

  • PMR has an expense ratio of 0.63%.
  • The fund has 30 holdings.
  • Sector allocations include: Consumer Discretionary 53.13%, Consumer Staples 44.17% and Industrials 2.70%.

The Latest News

  • Retail ETFs have gotten a boost this week from Kroger (NYSE: KR). The store operator reported strong quarterly earnings.
  • The sector ETFs largely ignored a report that U.S. retail sales declined in May.
  • Best Buy (NYSE: BBY) and JC Penney (NYSE: JPM) were also in the news this week. JC Penney shares soared Tuesday on word it hired a key Apple executive to take over the reins.

PowerShares Dynamic Retail - (Click to enlarge)

Max Chen contributed to this article.

Source: ETF Spotlight: PowerShares Dynamic Retail