Momentum-Based Smart Beta ETFs Hit All-Time Highs

Among the investment factors delivering solid returns this year is momentum, a fact confirmed by several momentum-based smart beta exchange traded funds hitting all-time highs on Wednesday. The Powershares DWA Momentum Portfolio (NASDAQ: PDP), which utilizes technical analysis from Dorsey Wright and picks out stocks based on relative strength, was one of the momentum ETFs to…Click to read more at ETFtrends.com.