PKB - Invesco Dynamic Building & Construction ETF
| Assets | $281.03M |
| NAV | $48.96 |
| Expense Ratio | 0.59% |
| PE Ratio | 21.11 |
| Beta (5Y) | 1.39 |
| Dividend (ttm) | $0.12 |
| Dividend Yield | 0.25% |
| Ex-Dividend Date | Jun 21, 2021 |
| 1-Year Return | - |
| Trading Day | July 23 |
| Last Price | $49.89 |
| Previous Close | $48.97 |
| Change ($) | 0.92 |
| Change (%) | 1.87% |
| Day's Open | 49.25 |
| Day's Range | 49.17 - 49.93 |
| Day's Volume | 30,151 |
| 52-Week Range | 32.73 - 55.06 |
Fund Description
The investment seeks to track the investment results (before fees and expenses) of the Dynamic Building & Construction IntellidexSM Index. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying intellidex. The underlying intellidex was composed of common stocks of U.S. building and construction companies. These companies are engaged primarily in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, etc. It is non-diversified.
| Asset Class Equity | Sector Construction |
| Region North America | Inception Date Oct 26, 2005 |
| Exchange NYSEARCA | Ticker Symbol PKB |
| Index Tracked Dynamic Building & Construction Intellidex Index | |
Top 10 Holdings
48.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Trane Technologies | TT | 5.83% |
| Johnson Controls | JCI | 5.79% |
| Home Depot | HD | 5.53% |
| Lowe's | LOW | 5.46% |
| Martin Marietta | MLM | 5.19% |
| Vulcan Materials | VMC | 5.17% |
| PulteGroup | PHM | 4.98% |
| Floor & Decor Holdings | FND | 3.57% |
| MYR Group | MYRG | 3.41% |
| Southwest Gas Holdings | SWX | 3.13% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 21, 2021 | $0.042 | Jun 30, 2021 |
| Mar 22, 2021 | $0.019 | Mar 31, 2021 |
| Dec 21, 2020 | $0.019 | Dec 31, 2020 |
| Sep 21, 2020 | $0.041 | Sep 30, 2020 |
| Jun 22, 2020 | $0.044 | Jun 30, 2020 |
| Mar 23, 2020 | $0.019 | Mar 31, 2020 |
Smart Beta ETF report for PKB
Persistent headwinds of rising material prices along with supply chain and labor shortages continue to take a toll on builder confidence.
Building permits, an indicator of future construction, fell more than expected to the lowest since August.
Builder sentiment in June dropped to its lowest level in the last 10 months as as construction costs pushed up new home prices.
The streak of weak U.S. housing data continues to flow in and highlight growing struggle from soaring softwood lumber prices and other material and labor costs.
Homebuilders down on new home sales drop
CNBC's Diana Olick reports on how higher mortgage rates and second straight months of declines in new home sales is affecting homebuilders.
The U.S. housing sector continues to struggle with rising material costs and limited inventories.
The latest housing data continues to reflect growing struggle of homebuilders with respect to soaring softwood lumber prices and other material and labor costs.
Persistent headwinds of rising material prices and supply chain shortages have taken a toll on builder confidence in June.
U.S. homebuilder confidence in the market for single family homes fell in June to its lowest level since August 2020, dented by higher housing costs and shortages in key materials such as lumber.
Homebuilder sentiment falls to lowest since August
CNBC's Rick Santelli and Diana Olick report on April's business inventories and June's homebuilder sentiment.
Smart Beta ETF report for PKB
The coronavirus pandemic has shifted how people conduct business and where they choose to live, resulting in massive disparities in both income and lifestyle. But while the period has been a challenge f...
The U.S. housing sector continues to struggle with rising material costs and limited inventories.
The U.S. housing sector continues to struggle with rising material costs and limited inventories.
The U.S. housing sector is suffering from increasing struggles due to soaring softwood lumber prices and other material and labor costs.
Homebuilder confidence index has managed to remain steady despite worries surrounding soaring softwood lumber prices and other material and labor costs.
Single family housing starts down 13.4%, a huge miss
CNBC's Rick Santelli and Diana Olick report on housing starts and building permits data.
Despite a historic shortage of homes for sale, homebuilders are actually slowing production, handcuffed by skyrocketing commodity prices.
WASHINGTON (Reuters) -U.S. homebuilding fell more than expected in April, likely pulled down by soaring prices for lumber and other materials, but construction remains supported by an acute shortage of ...
Home construction exchange traded funds could maintain their momentum as confidence among U.S. single-family homebuilders is holding up in May despite concerns over the rising costs of building material...
According to the National Association of Homebuilder's (NAHB)/Wells Fargo housing market index, the reading for homebuilder confidence for newly built single-family homes for the month of May was 83, ho...
NAHB housing market index meets expectations in May
CNBC's Diana Olick breaks down the latest round of National Association of Home Builders housing market index.
Confidence among U.S. single-family homebuilders held steady in May despite worries over shortages of building materials, which are boosting prices and threatening to sideline first-time homebuyers from...
Strong buyer demand is keeping homebuilders confident, but the risk of rising construction material costs continues to weigh on housing affordability.
It's already a seller's market due to low inventory and relatively benign interest rates. Now, rising lumber costs could bring housing prices even higher, to the benefit of assets like the Invesco Dynam...
Sector ETF report for PKB
As the housing market gets leaner, potential buyers are turning in greater numbers than ever before to new construction, but builder costs are soaring.
Let's take a look at a few housing ETFs that might gain from the upbeat U.S. housing market scenario.
The U.S. housing sector continues to struggle with rising material costs and limited inventories.
The S&P 500 and the Dow Jones have been hovering around all-time highs lately.
The U.S. housing market is seeing a steady rise in demand amid increasing material and labor costs.
The U.S. housing market is seeing a steady rise in demand amid increasing material and labor costs.
Single-family construction growth to slow in 2021, says National Association of Home Builders
CNBC's Diana Olick reports on builder sentiment and lumber prices.
One year after home construction ground to a screeching halt, due to the Covid pandemic, builders are more than bullish yet again.
Real estate prices keep on climbing, which can only help the case for the Invesco Dynamic Building & Construction ETF (PKB), up 22% already in 2021. Counterbalancing higher home prices is lower interest...
The momentum behind the home construction sector and homebuilder-related exchange traded funds could still have legs as investors continue to target the housing market. According to the Federal Bank of ...
The U.S. economy added 916,000 jobs in March 2021, after an upwardly revised 468, 000 rise in February and breezing past market expectations of a rise of 647,000
The U.S. housing market continues to struggle with soaring lumber prices and limited inventory conditions amid high buyer traffic and a favorable demand environment.
The U.S. housing market is grappling with rising softwood lumber prices and low inventory levels.
Today's housing market is sound. Likely this year will see activity increase and prices continue to rise – even if mortgage rates rise.
The U.S. housing market continues to struggle with soaring lumber prices and limited inventory conditions amid high buyer traffic and a favorable demand environment.
Why housing may be reaching a turning point as rates, prices rise
CNBC's Diana Olick reports on the latest data coming out of the housing market. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: htt...
February housing starts slid 10.3%, the most since April 2020
Yahoo Finance's Julie Hyman, Myles Udland, and Brian Sozzi discuss the drop inFebruary housing starts.
Overall strong demand, post-pandemic "suburban revival", millennial-led demographics are positives for the home building sector. Steadily rising prices, higher rates and rise in construction costs are t...
This PKB ETF has hit a new 52-week high. Are more gains in store?