PRN ETF

The Invesco Dorsey Wright Industrials Momentum ETF (PRN) was launched on 10/12/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Broad segment of the equity market.

This Acquisition Enhances PRN Physician Recommended Nutriceuticals' ("PRN") Product Portfolio of Science-Based Eye Health Products BLUE BELL, Pa. , Sept. 20, 2024 /PRNewswire/ -- Acumen Health Holdings, LLC, a professionally recommended, consumer-preferred dietary supplements company focused on eye health and companion animals, announced today that its subsidiary, PRN Physician Recommended Nutriceuticals, LLC, has entered into a definitive asset purchase agreement to acquire the assets of the Avenova® brand (the "Brand") and business from NovaBay® Pharmaceuticals, Inc. (NYSE American: NBY) ("NovaBay").

EMERYVILLE, Calif.--(BUSINESS WIRE)--NovaBay® Pharmaceuticals, Inc. (NYSE American: NBY) (“NovaBay” or the “Company”) announces it has entered into a definitive asset purchase agreement (the “Agreement”) with PRN Physician Recommended Nutriceuticals, LLC (“PRN”) to sell the assets of its Avenova® brand and business for $9.5 million in cash. The transaction has been approved by the Company's board of directors and is anticipated to close in the fourth quarter of 2024, subject to the satisfaction.

PRN offers exposure to high-growth industrial companies with price relative strength, outperforming peers like XLI over time. PRN's unique approach weighs holdings by momentum score, leading to higher valuations but also higher earnings and cash flow growth rates. Despite potential shortcomings in capturing sudden market shifts, PRN has historically outperformed peers like XLI and FIDU, offering strong performance in the industrial sector.

Looking for broad exposure to the Industrials - Broad segment of the equity market? You should consider the Invesco Dorsey Wright Industrials Momentum ETF (PRN), a passively managed exchange traded fund launched on 10/12/2006.

The monthly article reports aggregate sub-sector metrics in industrials. This is the second most overvalued sector after information technology. Aerospace/defense looks the least attractive subsector, based on value and quality scores. PRN is an alternative to XLI with better fundamentals and historical return.

In the past, Industrial companies were associated with outdated technologies and grim imagery, reminiscent of Victorian-era literature. While some of these aspects still exist, there is a growing focus on clean rooms and precision in the industry. Many modern Industrial companies offer growth opportunities that are more stable and long-term than commonly believed.

Wall Street wrapped up the first quarter with a big bang, driven by strong corporate profits, enthusiasm around AI and hopes that the Fed will cut rates.

Designed to provide broad exposure to the Industrials - Broad segment of the equity market, the Invesco Dorsey Wright Industrials Momentum ETF (PRN) is a passively managed exchange traded fund launched on 10/12/2006.