November 23, 2016 - By Ruchi Gupta · 0 Comments
Nov 23 is a positive day so far for PowerShares Dynamic Media ETF (NYSEARCA:PBS) as the ETF is active during the day after gaining 0.04% to hit $26.24 per share. The exchange traded fund has 89.94 million net assets and 1.08% volatility this month.
Over the course of the day 220 shares traded hands, as compared to an average volume of 21,860 over the last 30 days for PowerShares Dynamic Media ETF (NYSEARCA:PBS).
The ETF is -4.77% of its 52-Week High and 21.72% of its low, and is currently having ATR of 0.32. This year’s performance is 1.04% while this quarter’s performance is -1.27%.
The ETF’s YTD performance is -1.88%, the 1 year is -6.16% and the 3 year is 1.37%.
The ETF’s average P/E ratio is 20.35, the price to book is 3, the price to sales is 1.97 and the price to cashflow is 11.71. It was started on 6/23/2005. The fund’s top holdings are: DISH Network Corporation for 6.03% of assets, Time Warner Inc. New Common Sto for 5.66%, CBS Corporation Class B Common for 5.56%, Facebook Inc. for 5.37%, Alphabet Inc. for 5.20%, Sirius XM Holdings Inc. for 5.10%, Charter Communications Inc. for 5.04%, Yahoo! Inc. for 5.02%, Viad Corp Common Stock for 3.16%, Shutterstock Inc. Common Stock for 2.81%. The ETF sector weights are: Consumer Cyclical 49.56%, Realestate 2.51%, Communication Services 11.08%, Industrials 8.18%, Technology 28.67%. The ETF currently as 0.67% yield.
More notable recent PowerShares Dynamic Media Portfol. (ETF) (NYSEARCA:PBS) news were published by: Etftrends.com which released: “AT&T Woos Time Warner, Putting Spotlight on Media ETF” on October 21, 2016, also Seekingalpha.com with their article: “Media ETF Is Red Hot For Good Reasons” published on April 29, 2013, Nasdaq.com published: “Interpublic Group of Companies Breaks Above 200-Day Moving Average – Bullish …” on November 15, 2016. More interesting news about PowerShares Dynamic Media Portfol. (ETF) (NYSEARCA:PBS) were released by: Etftrends.com and their article: “Media ETF Gets More Entertaining” published on July 20, 2015 as well as Forbes.com‘s news article titled: “Short Interest In Time Warner Falls 20.6%” with publication date: November 10, 2016.
PowerShares Dynamic Media Portfolio is a non-diversified fund. The ETF has a market cap of $89.94 million. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Media Intellidex Index (the Index). It has a 6.55 P/E ratio. The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.
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By Ruchi Gupta