A Momentum ETF That’s Gaining Traction, Up 9% YTD
April 27, 2017 at 13:20 PM EDT
The momentum factor is seeing renewed strength this year and that is benefiting an array of exchange traded funds. The Powershares DWA Momentum Portfolio (NYSEArca: PDP), which utilizes technical analysis from Dorsey Wright and picks out stocks based on relative strength. PDP is up more than 9%...