PKW - Invesco BuyBack Achievers ETF

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
60.34
+1.08 (+1.82%)
At close: 4:00PM EDT
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Previous Close59.26
Open59.51
Bid60.09 x 800
Ask60.66 x 1400
Day's Range59.51 - 60.40
52 Week Range48.95 - 64.29
Volume48,206
Avg. Volume110,928
Net Assets1.18B
NAV60.32
PE Ratio (TTM)N/A
Yield1.24%
YTD Return16.30%
Beta (3Y Monthly)1.16
Expense Ratio (net)0.63%
Inception Date2006-12-20
Trade prices are not sourced from all markets
  • ETF Trends

    Buybacks Decline in First Quarter, But Overall Number Was Still Strong

    Exchange traded funds focusing on stocks that are big buyers of their own shares, including the SPDR S&P 500 Buyback ETF (SPYB) and the Invesco Buyback Achievers ETF (PKW) , are delivering impressive showings this year. “This ends the streak of four consecutive quarters of record buybacks as Q1 2019 declined 7.7% from the Q4 2018 record of $223.0 billion. Apple Inc. (AAPL) was once again a buyback giant in the first quarter.

  • ETFs to Tap on Oracle's Robust Q4 Earnings
    Zacks

    ETFs to Tap on Oracle's Robust Q4 Earnings

    ETFs with the highest allocation to Oracle look to be big movers this week and in the next, as investors digest its scores and views.

  • ETF Trends

    Buyback ETF Deals With Contentious Political Environment

    Share repurchase programs are under scrutiny by politicians from both parties, but that is not standing in the way of upside for exchange traded funds (ETFs) focusing on buybacks, including the Invesco ...

  • Buyback or Dividend: Which ETF Wins YTD & What Lies Ahead?
    Zacks

    Buyback or Dividend: Which ETF Wins YTD & What Lies Ahead?

    Buyback ETFs top the dividend growth ones of late. But things might change ahead with the saturation of benefits from the tax cuts. Therefore, investors can play these high dividend ETFs.

  • ETF Trends

    Play The Buyback Boom With This ETF

    U.S. companies remain dedicated buyers of their own shares, a theme that while controversial in some political circles, is boosting buyback exchange traded funds (ETFs), such as the SPDR S&P 500 Buyback ...

  • Buyback ETF (PKW) Hits New 52-Week High
    Zacks

    Buyback ETF (PKW) Hits New 52-Week High

    This buyback ETF has hit a new 52-week high. Are more gains in store?

  • ETFs to Ride on Share Buyback Craze
    Zacks

    ETFs to Ride on Share Buyback Craze

    For 2018, the S&P 500 companies returned more than $1.2 trillion to investors, buying back a record $806.4 billion in shares thanks in part to a corporate tax bonanza.

  • ETF Trends

    Buyback ETFs Could Enjoy Record Year of Company Share Repurchases

    Company stock repurchases just hit its fourth consecutive quarterly record, the longest streak in at least two decades. Investors can also look to exchange traded funds that focus on the buyback strategy ...

  • ETF Trends Seen in the 10-Year Old Bull Market
    Zacks

    ETF Trends Seen in the 10-Year Old Bull Market

    These were the emerging ETF trends in the 10-year old bull market.

  • Buybacks on a Tear Despite Political Attack: ETFs in Focus
    Zacks

    Buybacks on a Tear Despite Political Attack: ETFs in Focus

    Corporate buyback has been at the receiving end of political attack, of late. But activity is growing and driving the market in 2019, putting these ETFs in focus.

  • ETF Trends

    Political Controversy Isn’t The Only Concern With Buyback ETFs

    Share repurchase plans have recently drawn the ire of U.S. senators from both parties, but the   Invesco Buyback Achievers ETF (PKW) is still up more than 14% this year. Despite the increased Congressional scrutiny, companies still increased share repurchases over the first quarter, potentially bolstering a smart beta ETF strategy that specifically targets companies with a history of stock buybacks. “Share repurchases do not paint a complete picture of a firm’s financial health or its attractiveness as an investment,” said Morningstar in a recent note.

  • Morningstar

    Despite Its Strengths, This Buyback Strategy May Disappoint

    Stock buybacks are a sign of strong profitability and shareholder-friendly management teams who understand that their employers may have better investment opportunities than they do.  Invesco BuyBack Achievers ETF PKW has built a solid record by selecting stocks based on short-term repurchasing activity. Firms that repurchase their shares tend to be highly profitable, but there is little to suggest that past repurchasing activity is predictive of future performance after controlling for profitability.

  • ETF Trends

    Smart Beta ETFs to Watch as Companies Ramp Up Buybacks

    Despite the increased Congressional scrutiny, companies still increased share repurchases over the first quarter, potentially bolstering a smart beta ETF strategy that specifically targets companies with a history of stock buybacks.

  • 3 ETFs to Benefit From 8-Year High Insider Buying
    Zacks

    3 ETFs to Benefit From 8-Year High Insider Buying

    Insider buyers surpassed sellers by the maximum since August 2011 and put these ETFs in focus.

  • ETF Trends

    Look to Buyback ETFs as Companies Continue to Reinvest

    A number of U.S. companies have announced an increase in share repurchases, bolstering sentiment and exchange traded funds that focus on the share buyback strategy. In December, Facebook Inc., Mastercard Inc., Lowe’s Co s., AbbVie Inc., United Rentals Inc. and Pioneer Natural Resources Co. are among the companies that have revealed bigger or resumed share buybacks this month, the Wall Street Journal reports. S&P 500 companies spent a record amount on buybacks over the third quarter, investing roughly $200 billion back into their own company shares.

  • ETF Trends

    Buyback ETFs Could Strengthen as Companies Buy Back on the Cheap

    With the U.S. stock market dipping into correction territory, Corporate America could step in and buy back their own shares on the cheap, potentially bolstering ETFs that focus on the share buyback strategy. According to Goldman Sachs, the market sell-off is "overdone" and will be partially offset in part by companies returning to share repurchases as fundamentals still underpin values, CNBC reports. "The recent sell-off has priced too sharp of a near-term growth slowdown," David Kostin, Goldman's chief U.S. equity strategist, said in a note to clients.

  • ETF Trends

    The Benefits of Buyback ETFs as Markets Turnaround

    The recent market correction is a short-term event as the earnings season should support further strength in the equity markets, especially with continued share buybacks bolstering prices. Investors can ...

  • ETF Trends

    ETFs to Capture the Surge in Corporate America’s Share Buybacks

    Corporate America's cash infusion is being used to fuel a surge in share repurchases, bolstering ETFs that cover the buyback theme. Goldman Sachs analysts revealed that for the first time in a decade, buybacks accounted for the largest share of cash spending among S&P 500 companies, reports William Watts for MarketWatch. As more companies look to add value through share repurchases, ETF investors can also capitalize on the potential opportunity through buyback-themed ETF strategies.