Closing position: Following the one month momentum strategy and therefore re-adjusting the weights and stocks

Building our initial portfolio that follows the Dow Jones Industrial Average -index, according to our investment strategy. We buy all the 30 stocks in the index. The number of shares is equal for all stocks because Dow Jones is a price weighted index, meaning that the weight of each stock is decided by the share price. We buy 325 shares of each stock, because this is the maximum amount we can spend without exceeding our target leverage level of 1,8.

DJIA component 19/30. Position as close as possible to the 3,33% ($33 333) initial position allocation as possible, rounding the share amount down.

Building the initial portfolio.

Momentum+industry -momentum strategy / equal weighting / short position / 10 stocks with lowest returns over the last one month in Healthcare sector / Rank 8