$PAWZ Not a good look here, broke below trend with selling.A lot of selling pressure lately, now broke the trend line down. would like to buy this ETF, but not for now.
Key stats
About ProShares Pet Care ETF
Expense ratio
0.50%
Home page
Inception date
Nov 5, 2018
ISIN
US74348A1455
PAWZ is the first fund centered on companies related to pet ownership. To be selected, a stock must fit one of eight RBICS sub-industries: pet food manufacturing, pet supplies manufacturing, pet and pet supply stores, veterinary pharmaceuticals, veterinary diagnostics, veterinary product distributors, veterinary services, and internet pet and supply retail. Constituents may be domiciled in any country. PAWZ is weighted in two tiers: a core tier of companies deriving more than 50% of their revenue from the listed sub-industries and a non-core tier of companies with over in revenue, but less than 50% of those revenues from the above groups. The core tier gets 85% of fund assets and the non-core tier gets the remainder. Within each tier, individual weights are determined by market cap. The index has an annual reconstitution and a monthly rebalance.
Classification
What's in the fund
Exposure type
Health Technology
Consumer Non-Durables
Retail Trade
Stock breakdown by region
