Invesco Buyback Achievers ETF (PKW)

NASDAQ: PKW · IEX Real-Time Price · USD
-0.70 (-0.77%)
At close: Sep 29, 2023, 4:00 PM
+0.94 (1.04%)
After-hours: Sep 29, 2023, 6:16 PM EDT
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 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.

Asset Class Equity
Category Large Value
Region North America
Stock Exchange NASDAQ
Ticker Symbol PKW
ETF Provider Invesco
Index Tracked NASDAQ US Buyback Achievers Index TR

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%
View More Holdings


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
Full Dividend History


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.

4 days ago - Market Watch

Buyback ETFs Could Benefit as Share Repurchases Top $1T

Corporate buybacks may surpass $1 trillion for the first time, according to S&P Global.

7 months ago - ETFcom

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...

1 year ago - ETF Trends

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.

Other symbols: CAGCICOST
1 year ago - ETF Trends

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...

1 year ago - ETF Trends

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...

1 year ago - ETF Trends

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.

1 year ago - ETF Trends

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...

1 year ago - ETF Trends

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...

Other symbols: DIVB
1 year ago - ETF Trends

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...

1 year ago - ETF Trends

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...

1 year ago - ETF Trends

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.

1 year ago - ETF Trends

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...

Other symbols: DIVB
1 year ago - ETF Trends

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...

1 year ago - ETF Trends

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 ...

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

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.

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

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.

Other symbols: STT
2 years ago - Forbes

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-...

2 years ago - ETF Trends

5 Top ETFs With Exposure To Biogen

For the first time in 18 years, there was a new treatment for Alzheimer's Disease approved by the FDA. Aducanumab from Biogen Inc (NASDAQ: BIIB) was approved as a drug that can reduce the clinical dec...

2 years ago - Benzinga

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...

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

JP Morgan: Not Just For Bank ETFs Anymore

As the U.S.' biggest bank reports earnings, we look at which ETFs hold its stock.

3 years ago - ETFcom