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**Public Company Exchange Traded Fund (ETF) with Stock Symbol PIN in the USA Stock Exchange**
**Name:** Invesco Dynamic Pharmaceuticals ETF
**Ticker Symbol:** PIN
**Exchange:** NYSE Arca
**Objective:** To provide investors with exposure to the performance of companies engaged in the development, production, and distribution of pharmaceutical products.
**Holdings:**
* The ETF invests in a portfolio of approximately 30 pharmaceutical companies.
* Top holdings include:
* Johnson & Johnson (JNJ)
* Pfizer (PFE)
* Merck & Co. (MRK)
* Eli Lilly and Company (LLY)
* Bristol Myers Squibb (BMY)
**Historical Performance:**
* Since its inception in 2005, PIN has outperformed the S&P 500 Index.
* As of February 28, 2023:
* 1-year return: 14.5%
* 3-year return: 27.5%
* 5-year return: 64.4%
**Earnings and Growth:**
* The pharmaceutical industry is expected to continue to grow in the coming years, driven by factors such as:
* Increasing demand for new and innovative drugs
* Growing population
* Rising healthcare costs
* PIN's holdings are well-positioned to benefit from these growth trends.
**Dividend Yield:**
* PIN has a dividend yield of approximately 1.5%.
**Expense Ratio:**
* The ETF has an expense ratio of 0.60%.
**Other Key Information:**
* **Inception Date:** December 15, 2005
* **Net Assets:** $1.7 billion
* **Average Daily Volume:** 1.5 million shares
* **Suitable for:** Investors seeking exposure to the pharmaceutical industry with potential for growth and income.