PTF

Has anyone considered this ETF, Invesco Momentum Index Fund (PTF)

Many of its holdings are the same companies that are discussed and owned on this board.

YTD return is to date 48%, and not coincidentally its one of the best, if not the best ETF YTD.

I’m assuming it’s using algorithms to decide which stocks to hold. I’m not sure yet what their churn rate is.

For those that may not have the confidence to pick which high growth stocks to be invested in, it might be a good alternative to be in a basket of stocks of many of the companies discussed here in one ETF.

I have a small position for now, but may add on any decent size pullbacks.

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I should have added this list of PTF index funds current holdings. I’m not sure how fast the companies are being churned, how active this fund is yet. Thought it would be interesting to shares its holdings at least as an example of the type of stocks it owns.

PAYC
Paycom Software Inc Ordinary shares 5.04%
ENPH
Enphase Energy Inc Ordinary shares 4.06%
RNG
RingCentral Inc Ordinary shares 3.68%
MTCH
Match Group Inc Ordinary shares 3.60%
EVBG
Everbridge Inc Ordinary shares 3.56%
VEEV
Veeva Systems Inc Ordinary shares 3.56%
OKTA
Okta Inc Ordinary shares 3.54%
AYX
Alteryx Inc Ordinary shares 3.48%
COUP
Coupa Software Inc Ordinary shares 3.47%
CDNS
Cadence Design Systems Inc Ordinary shares 3.33%
TWLO
Twilio Inc Ordinary shares 3.33%
MDB
MongoDB Inc Ordinary shares 3.32%
ADBE
Adobe Inc Ordinary shares 3.21%
INTU
Intuit Inc Ordinary shares 2.98%
SBAC
SBA Communications Corp Ordinary shares 2.96%
NOW
ServiceNow Inc Ordinary shares 2.83%
VRSN
Verisign Inc Ordinary shares 2.83%
ZEN
Zendesk Inc Ordinary shares 2.74%
AMD
Advanced Micro Devices Inc Ordinary shares 2.69%
ZS
Zscaler Inc Ordinary shares 2.60%
HUBS
HubSpot Inc Ordinary shares 2.58%
CDW
CDW Corp Ordinary shares 2.41%
SMAR
Smartsheet Inc Ordinary shares 2.39%
SSNC
SS&C Technologies Holdings Inc Ordinary shares 2.31%
APPF
AppFolio Inc

9 Likes

This board is about growth stocks, not ETFs.

🆁🅶🅱
I can see by your coat, my friend, you’re from the other side…

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off topic here. and also look at 2018’s performance: 0.98%

terrible by anyone’s metrics.

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Cripes,Tryingmybest. Haven’t you read the RULES OF THE BOARD? As RBG said, this board is for individual growth stocks, not ETFs.

Please END THIS THREAD!

Saul

27 Likes