Invesco Buyback Achievers ETF (PKW)
| Assets | $1.25B |
| Expense Ratio | 0.61% |
| PE Ratio | 17.75 |
| Shares Out | 10.70M |
| Dividend (ttm) | $0.99 |
| Dividend Yield | 0.86% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Ratio | 15.29% |
| 1-Year Return | +16.10% |
| Volume | 15,828 |
| Open | 115.10 |
| Previous Close | 116.19 |
| Day's Range | 114.25 - 115.37 |
| 52-Week Low | 96.67 |
| 52-Week High | 125.31 |
| Beta | 1.08 |
| Holdings | 197 |
| Inception Date | Dec 20, 2006 |
About PKW
Fund Home PageThe Invesco Buyback Achievers ETF (PKW) is an exchange-traded fund that is based on the NASDAQ US Buyback Achievers index, a market-cap-weighted index of stock in US firms that repurchased at least 5% of their outstanding shares in the previous 12 months. PKW was launched on Dec 20, 2006 and is issued by Invesco.
Top 10 Holdings
41.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Booking Holdings Inc. | BKNG | 5.73% |
| T-Mobile US, Inc. | TMUS | 5.33% |
| Comcast Corporation | CMCSA | 4.48% |
| Johnson & Johnson | JNJ | 4.41% |
| Fiserv, Inc. | FI | 4.06% |
| Deere & Company | DE | 3.99% |
| Lockheed Martin Corporation | LMT | 3.96% |
| AppLovin Corporation | APP | 3.38% |
| PayPal Holdings, Inc. | PYPL | 3.01% |
| Marriott International, Inc. | MAR | 2.71% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.220 | n/a |
| Sep 23, 2024 | $0.230 | Sep 27, 2024 |
| Jun 24, 2024 | $0.225 | Jun 28, 2024 |
| Mar 18, 2024 | $0.310 | Mar 22, 2024 |
| Dec 18, 2023 | $0.381 | Dec 22, 2023 |
| Sep 18, 2023 | $0.223 | Sep 22, 2023 |
News
PKW: Record Buybacks In 2024, This Low P/E Fund Remains A Buy
The record year for share-repurchase authorizations highlights strong free cash flow and well-capitalized US large caps, with low M&A trends favoring buybacks. I reiterate a buy rating on the Invesco ...
PKW: A Cheap Buyback ETF Outperforming Value Plays
The Invesco BuyBack Achievers ETF focuses on companies with consistent share buybacks, offering a value-oriented portfolio with a P/E ratio of 14.3x. PKW's portfolio is diversified across sectors, wit...
PKW: Seemingly Robust Buyback-Focused Strategy, But Soft Performance
PKW's strategy is focused on U.S. companies that are executing share repurchase programs. PKW's portfolio has a value tilt. It has an adjusted EY higher than that of IVV. Its quality is comparatively ...
PKW: Buyback ETF Combining Value And Growth
Invesco BuyBack Achievers ETF invests in companies that have reduced shares outstanding by at least 5% in the last 12 months. The portfolio massively underweights technology, and beats the benchmark r...
PKW: Buybacks Still A Thing In Higher Rates
The Invesco BuyBack Achievers ETF invests in companies that have reduced their shares outstanding by at least 5% in the past year.
Invesco BuyBack Achievers ETF: A Solid Value Play
The Invesco BuyBack Achievers ETF tracks the NASDAQ U.S. BuyBack Achievers Index. PKW has performed nearly in line with the S&P 500 since its launch in 2006, delivering strong risk-adjusted returns. T...
If you think stocks have gotten too expensive, this ETF's strategy may work for your portfolio
Stock buybacks can be controversial. A company uses its cash to buy its own shares in the open market.
PKW ETF: Limited Motivation To Go Long At This Juncture
PKW tracks 315 US stocks that have effected a 5% net reduction in their shares outstanding over a 12-month period. We pick out some of the major themes that could weigh on PKW's prospects. The risk-re...
U.S. Weekly FundFlows Insight Report: Investors Go Into Risk-Off Mode For Fund Flows Week
Investors were net purchasers of fund assets for the third week in four. Investors took a risk-off approach to investing during the fund flows week. Equity ETFs witnessed net outflows for the first we...
PKW: Buyback Investors Beware, This High-Fee ETF Isn't Worth The Risk
PKW selects U.S. companies that have reduced shares outstanding by 5% or more in the last year. Fees are 0.61%, and the ETF manages $920 million in assets. The 5% threshold, combined with only utilizi...
Buyback ETFs Could Benefit as Share Repurchases Top $1T
Corporate buybacks may surpass $1 trillion for the first time, according to S&P Global.
Invesco BuyBack Achievers ETF: Do Buybacks Generate Alpha?
Invesco BuyBack Achievers ETF gives investors exposure to companies that buy back 5% of their shares or more. Buybacks are great if companies opportunistically buy below "intrinsic" value.
S&P 500 Q2 Earnings Season: Playing Trends And Buybacks
Earnings season gets underway in less than two weeks. Firms may attempt to lower the bar by issuing weak EPS guidance.
PKW: Why The Buyback Achievers Continue To Disappoint
The Invesco BuyBack Achievers ETF selects Nasdaq-traded companies that have reduced shares outstanding by at least 5% in the last year. Annual fees are significant at 0.64%. The strategy hasn't outper...
Invesco BuyBack Achievers ETF: Alpha At Times, Burdensome Fees
U.S. companies that have reduced their shares outstanding by no less than 5% in the trailing twelve months are welcome in the PKW portfolio, regardless of their size.
Invesco BuyBack Achievers ETF: Fees And Slow Growth Ruin What Should Be A Solid Product
PKW holds about 100 U.S.-listed securities that have reduced shares outstanding by 5% or more in the last year, but charges an outrageous 0.64% in fees.
PKW: A Lot Going For It
PKW offers useful exposure to the cyclical, growth and defensive segments of the market. Excess cash balances of US corporates are at sturdy levels and should translate into higher buybacks.
These Unloved Stocks Could Bounce 20%+ By 2022
Let's give ourselves a double shot of dividend and share-price growth by diving into a group of stocks I guarantee your friends are missing out on.
Invesco BuyBack Achievers ETF: The Results Speak For Themselves
Invesco BuyBack Achievers ETF: The Results Speak For Themselves
ETFs with big Cisco stakes fall as network-equipment giant's stock set for worst day in 9 years
Shares of Cisco Systems Inc. CSCO, -11.20% slid more than 11% Thursday, on track for their worst day since February 2011, taking a few exchange-traded funds along with them.
Watch Buybacks And Insiders For Buying Signals On This Dip
Watch Buybacks And Insiders For Buying Signals On This Dip
Invesco BuyBack Achievers ETF: Unconvincing Strategy As Implemented
Invesco BuyBack Achievers ETF: Unconvincing Strategy As Implemented