Invesco Buyback Achievers ETF (PKW)
| Assets | $1.75B |
| Expense Ratio | 0.64% |
| PE Ratio | 11.29 |
| Shares Out | n/a |
| Dividend (ttm) | $1.05 |
| Dividend Yield | 1.17% |
| Ex-Dividend Date | Sep 18, 2023 |
| Payout Ratio | 13.24% |
| 1-Year Return | +20.14% |
| Volume | 39,650 |
| Open | 91.12 |
| Previous Close | 90.67 |
| Day's Range | 89.84 - 91.12 |
| 52-Week Low | 74.20 |
| 52-Week High | 94.70 |
| Beta | n/a |
| Holdings | 315 |
| 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 TR 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
35.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Comcast Corporation | CMCSA | 5.34% |
| Conoco Phillips | COP | 4.68% |
| Amgen Inc. | AMGN | 4.55% |
| Morgan Stanley | MS | 4.32% |
| Lowe's Companies, Inc. | LOW | 3.83% |
| Booking Holdings Inc. | BKNG | 3.61% |
| Cigna Corporation | CI | 2.70% |
| HCA Healthcare, Inc. | HCA | 2.17% |
| Charter Communications, Inc. | CHTR | 2.11% |
| Marathon Petroleum Corporation | MPC | 2.06% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 2023-09-18 | $0.22251 | 2023-09-22 |
| 2023-06-20 | $0.26195 | 2023-06-23 |
| 2023-03-20 | $0.29645 | 2023-03-24 |
| 2022-12-19 | $0.27392 | 2022-12-23 |
| 2022-09-19 | $0.27406 | 2022-09-23 |
| 2022-06-21 | $0.27434 | 2022-06-30 |
News
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.
Buyback ETFs Could Benefit as Share Repurchases Top $1T
Corporate buybacks may surpass $1 trillion for the first time, according to S&P Global.
Inflation Reduction Act Unlikely to Deter Stock Buybacks
The 1% excise tax on buybacks that is part of the Inflation Reduction Act has spurred questions regarding the implications for investors. In a note to clients, Goldman Sachs' David Kostin estimated th...
Power Lunch: Tom Lydon Talks Costco, Cigna, and Conagra
Tom Lydon appeared on CNBC's Power Lunch to discuss three stocks going in different directions. Conagra (CAG) stewards a number of higher-end food brands and missed their recent revenue targets.
Companies Continue Record-Breaking Buyback Activity
As prices declined and market volatility rose, companies continued their record-breaking buyback and dividend expenditures in the first quarter and are expected to maintain their buyback activities fo...
Buyback Potency Perking Up Again
Following a recent report that U.S. dividends surged to a new high in dollar terms in the first quarter, it's not a stretch to say that some investors are prizing payouts over share repurchase program...
Record Stock Buybacks Open Up Opportunities for This ETF
With quarterly earnings ahead, stock buybacks are hitting record highs, according to Reuters. This can pave the way for investors looking for exchange traded funds (ETFs) that focus on stock buybacks.
Play PKW as Buyback Boom Continues
Share buyback programs swelled in the January through March period, perhaps giving investors more reason to consider exchange traded funds such as the Invesco BuyBack Achievers ETF (NASDAQ: PKW). “New...
As Corporate America Looks to Redeploy Cash, Consider a Buyback ETF Strategy
Corporate America is still sitting on huge cash stores that could be deployed to return value back to investors through actions such as share buybacks. Investors who are interested in focusing on thes...
Buyback Binge Points to PKW Potency
U.S. companies are sitting on massive amounts of cash, and with equities slumping in the first quarter, some of those firms could look to allay investors' concerns by signaling that there's value in t...
Targeted ETFs to Capture a Record Year of Stock Buybacks
As companies plan to repurchase their own shares at a record pace, investors can capitalize on the theme through exchange traded fund strategies that focus on the stock buybacks. According to data fro...
PKW Pertinent as Buybacks Projected to Soar
Among exchange traded funds focusing on shareholder rewards, advisors and investors typically gravitate to dividend funds. With government bond yields at rock-bottom levels, that's understandable.
ETFs to Capture Increasing Company Buybacks in 2022
After a strong year of earnings, corporate America could spend more on share buybacks and dividends in 2022, potentially supporting exchange traded funds that target the buyback theme. Howard Silverbl...
Buyback Bonanza Is Blooming
Share repurchases by U.S. companies are reaching a fevered pitch, and that could be the delight of investors engaged with the Invesco BuyBack Achievers ETF (NASDAQ: PKW). PKW is topping the S&P 500 on...
The Undeniable Allure of Buyback Stocks
Investors often clamor for shareholder rewards, namely dividends, but buybacks are a tax-efficient option for deploying capital and rewarding investors in the process. Buyback announcements are often ...
Share Buybacks Are Flirting With Record Highs
After a lull in 2020 forced by the coronavirus pandemic, share repurchase activity among S&P 500 member firms is rebounding in significant fashion, and that could prove efficacious for buyback exchang...
Prepare for Buyback Deluge With PKW
The Invesco BuyBack Achievers ETF (NASDAQ: PKW) is up 25.35% year-to-date. That alone could generate interest in the exchange traded fund among investors, but PKW could have other durable catalysts.
Buyback Resurgence Could Make PKW Potent
For all the talk about S&P 500 dividends growing anew and at an impressive rate – and that chatter is warranted – investors shouldn't overlook the rebound in share repurchase programs. Just look at th...
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.
As Buybacks Bounce Back, Consider This Invesco ETF
Share repurchase programs were among the investment victims of the coronavirus pandemic as companies looked for efficient avenues to rapidly conserve cash. As has been widely noted, neither the COVID-...
As the Buyback Binge Continues, Give ‘PKW' a Look
April marked a banner month for stock buybacks, which should put ETFs like the Invesco BuyBack Achievers ETF (PKW) on investors' radars. “April alone saw $209 billion worth of stock repurchases announ...
The Buybacks Are Back: Share Repurchases and ‘PKW'
The course of the Invesco Buyback Achievers ETF (NASDAQ: PKW) is charted by its underlying holdings, but buyback strategies seem to come back into style when repurchases tick higher. Some market obser...
With Buybacks Perking Up, The PKW ETF May Be Doing the Same
Following a coronavirus-induced slump in the first half of 2020, share buybacks are soaring again – a trend that could be beneficial for the Invesco Buyback Achievers ETF (NASSDAQ: PKW). PKW follows t...
