Invesco Buyback Achievers ETF (PKW)
|Ex-Dividend Date||Sep 18, 2023|
|Day's Range||89.84 - 91.12|
|Inception Date||Dec 20, 2006|
About PKWFund Home Page
The 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 Holdings35.37% of assets
|Lowe's Companies, Inc.||LOW||3.83%|
|Booking Holdings Inc.||BKNG||3.61%|
|HCA Healthcare, Inc.||HCA||2.17%|
|Charter Communications, Inc.||CHTR||2.11%|
|Marathon Petroleum Corporation||MPC||2.06%|
Stock buybacks can be controversial. A company uses its cash to buy its own shares in the open market.
Corporate buybacks may surpass $1 trillion for the first time, according to S&P Global.
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...
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.
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...
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...
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.
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...
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...
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...
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...
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.
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...
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...
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 ...
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...
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.
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...
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-...
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 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...
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...