Invesco Building & Construction ETF (PKB)
| Assets | $237.44M |
| Expense Ratio | 0.57% |
| PE Ratio | 16.15 |
| Shares Out | 3.54M |
| Dividend (ttm) | $0.17 |
| Dividend Yield | 0.26% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Ratio | 4.19% |
| 1-Year Return | -5.98% |
| Volume | 132,104 |
| Open | 67.74 |
| Previous Close | 67.82 |
| Day's Range | 66.32 - 67.74 |
| 52-Week Low | 65.93 |
| 52-Week High | 88.96 |
| Beta | 1.42 |
| 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
45.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Lowe's Companies, Inc. | LOW | 5.09% |
| Trane Technologies plc | TT | 5.08% |
| Martin Marietta Materials, Inc. | MLM | 5.02% |
| CRH plc | CRH | 5.00% |
| EMCOR Group, Inc. | EME | 4.97% |
| The Home Depot, Inc. | HD | 4.96% |
| Johnson Controls International plc | JCI | 4.87% |
| Vulcan Materials Company | VMC | 4.77% |
| Tutor Perini Corporation | TPC | 3.20% |
| Interface, Inc. | TILE | 2.89% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Sep 18, 2023 | $0.04913 | Sep 22, 2023 |
News
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 ...
New Home Sales Sink 10.5% in January; Below Forecast
New home sales fell more than expected while prices jumped to a two-year high last month. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 657,000 in January...
Weekly Economic Snapshot: Confidence Falls, Housing Stumbles, and Uncertainty Grows
Economic indicators provide insight into the overall health and performance of the economy. They are closely watched by policymakers, advisors, investors, and businesses because they help them to make...
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...
New Home Sales Up 3.6% in December; Beats Forecast
The December release for new home sales from the Census Bureau came in at a seasonally adjusted annual rate of 698,000 units, beating the 669,000 forecast. New home sales are up 3.6% from a revised ra...
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...
Housing Construction Performed Well In November
Total housing starts rose to a 1.679 million annual rate in November from a 1.502 million pace in October, an 11.8 percent increase. Starts of multifamily structures with five or more units increased ...
Housing Is Cruising For A Bust, But Not Just Yet
The Fed must act to prevent the worst from happening.
Housing Prices Continue To Soar In Many Countries Around The World
While most economic indicators deteriorated last year, house prices largely shrugged off the effects of the pandemic. Of the over 60 countries that enter into the IMF's Global House Price Index, three...