What You Should Know
- PMR has an expense ratio of 0.63%.
- The fund has 30 holdings.
- Sector allocations include: Consumer Discretionary 53.13%, Consumer Staples 44.17% and Industrials 2.70%.
The Latest News
- Retail ETFs have gotten a boost this week from Kroger (NYSE: KR). The store operator reported strong quarterly earnings. [Kroger Lifts Retail ETFs.]
- The sector ETFs largely ignored a report that U.S. retail sales declined in May.
- Best Buy (NYSE: BBY) and JC Penney (NYSE: JPM) were also in the news this week. JC Penney shares soared Tuesday on word it hired a key Apple executive to take over the reins. [Retail ETFs Stoked]
For past stories in this series, visit our ETF Spotlight category.
PowerShares Dynamic Retail
Max Chen contributed to this article.