Invesco Building & Construction ETF (PKB)
| Assets | $209.09M |
| Expense Ratio | 0.57% |
| PE Ratio | 22.49 |
| Shares Out | 2.92M |
| Dividend (ttm) | $0.15 |
| Dividend Yield | 0.21% |
| Ex-Dividend Date | Mar 24, 2025 |
| Payout Ratio | 4.64% |
| 1-Year Return | +3.74% |
| Volume | 22,990 |
| Open | 73.81 |
| Previous Close | 73.40 |
| Day's Range | 73.81 - 73.81 |
| 52-Week Low | 59.89 |
| 52-Week High | 88.96 |
| Beta | 1.28 |
| Holdings | 32 |
| Inception Date | Oct 26, 2005 |
About PKB
Fund Home PageThe Invesco Building & Construction ETF (PKB) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an index of building and construction companies, selected using multiple factors and weighted in tiers. PKB was launched on Oct 26, 2005 and is issued by Invesco.
Top 10 Holdings
47.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Trane Technologies plc | TT | 5.60% |
| Martin Marietta Materials, Inc. | MLM | 5.30% |
| Vulcan Materials Company | VMC | 5.25% |
| Johnson Controls International plc | JCI | 5.17% |
| EMCOR Group, Inc. | EME | 5.15% |
| CRH plc | CRH | 4.78% |
| Lowe's Companies, Inc. | LOW | 4.56% |
| The Home Depot, Inc. | HD | 4.53% |
| Sterling Infrastructure, Inc. | STRL | 3.74% |
| Argan, Inc. | AGX | 3.43% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 24, 2025 | $0.00636 | Mar 28, 2025 |
| Dec 23, 2024 | $0.02856 | Dec 27, 2024 |
| Sep 23, 2024 | $0.06784 | Sep 27, 2024 |
| Jun 24, 2024 | $0.04946 | Jun 28, 2024 |
| Mar 18, 2024 | $0.02736 | Mar 22, 2024 |
| Dec 18, 2023 | $0.04143 | Dec 22, 2023 |
News
PKB: Strong, Diversified Holdings While Remaining Overvalued
Invesco Building & Construction ETF warrants a hold rating due to its high valuation, high expense ratio, and low dividend yield compared to peers. PKB captures a diversified mix of construction compa...
New Home Sales Reach 6-Month High in March
New home sales reached a six-month high in March, beating expectations. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 724,000 last month, higher than the ...
Weekly Economic Snapshot: Pre-Tariff Spending Spike Amid Fed Warning
Last week's economic narrative was dominated by a surge in retail sales as consumers seemingly bought ahead of tariffs while a volatile stock market experienced a sharp mid-week sell-off following a F...
New Home Sales Rebound in February; Just Below Forecast
New home sales rebounded slightly in February but still came in just below the forecast. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 676,000 in February...
Weekly Economic Snapshot: Mixed Retail, Housing Volatility, & Fed's Cautious Outlook
Last week's economic landscape was marked by pockets of resilience amid growing concerns and heightened uncertainty. Retail sales offered a mixed bag, with overall growth falling short of expectations...
REIT Slope Adjustment Has Overshadowed Future Value Gains
Despite recent price declines, REITs' future value has increased due to higher rental rates, increased property values, and reduced competing supply. Higher market demanded returns have steepened the ...
Not All 2% Spreads Are Created Equal
Real estate investment spreads are healthier today with higher cap rates and cost of capital, enhancing long-term returns despite similar nominal spreads. Higher cap rates lead to more accretive organ...
PKB: Optimism Grows Post-Election, High Interest Rates A Risk
Optimism surrounds household spending and corporate capex post-election, but high interest rates remain a concern for financing big purchases. The Invesco Building & Construction ETF has a buy rating ...
PKB: Construction Will Get Its Chance Again
Invesco Building & Construction ETF has seen over 120% growth in the past 5 years, with holdings in U.S. building and construction companies. PKB includes 33 holdings from 3 sectors, with big-name com...
PKB: Building And Construction Stocks Facing New Risks In 2024
Building and construction stocks performed well in 2023 as the U.S. economy averted a recession. The market expectation that interest rates may decline is expected to support stronger growth and earni...
PKB: Housing And Construction Begins To Crack
Housing is in trouble and construction will be the first thing to crack. The Invesco Building & Construction ETF (PKB) is a fund to watch closely as a proxy for the housing industry. Rising mortgage r...
How To Find The Best Sector ETFs 3Q23
With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task.
PKB: For Homebuilders, Supply Tailwinds Outweigh Affordability Headwinds
The best-performing industry in the stock market is not technology, but homebuilders, despite rising interest rates leading to higher mortgage rates and lower housing affordability. The lack of existi...
Accelerated Household Formation Could Result In A Protracted Downturn
The pandemic caused a surge in household formation, driven in part by remote work and low-interest rates. This is likely to result in an extended period of weak growth in the number of households, wit...
Industry Outlook 2022: Bracing For The Energy Impact
The manufacturing sector continues to be plagued by supply chain problems while demand is weakening. A post-pandemic reshuffle is in the making, with demand weakening and supply becoming less disrupte...