Invesco BuyBack Achievers ETF
PKW

$108.34

1.43%

Market Cap: 1.14B

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1,768% more call options, than puts

Call options by funds: $411K | Put options by funds: $22K

5% more capital invested

Capital invested by funds: $403M [Q4 2023] → $424M (+$21.2M) [Q1 2024]

0.33% less ownership

Funds ownership: 37.51% [Q4 2023] → 37.18% (-0.33%) [Q1 2024]

9% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 58

2% less funds holding

Funds holding: 200 [Q4 2023] → 196 (-4) [Q1 2024]

15% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 26

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 2 (-1) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for PKW.

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Financial journalist opinion

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 strong, but its growth characteristics are lagging. With a few robust years in the books, PKW was nonetheless unable to consistently outperform IVV and a few peers.

PKW: Seemingly Robust Buyback-Focused Strategy, But Soft Performance

Zacks Investment Research

S&P 500 Firms Boost Stock Buybacks in Q1: ETF to Tap

Stock buybacks are back in vogue this year. Stock buybacks by S&P 500 companies increased 9.9% year over year and 8.1% sequentially in the first quarter of 2024.

S&P 500 Firms Boost Stock Buybacks in Q1: ETF to Tap

Zacks Investment Research

5 ETFs to Play the Burgeoning Corporate Buybacks

Corporate buybacks have been rising fast in America thanks to upbeat earnings and higher cash flow generation.

5 ETFs to Play the Burgeoning Corporate Buybacks

Zacks Investment Research

Tap the Stock Buyback Trend With PKW ETF

Stock buybacks recently staged a strong comeback from the lull witnessed in 2023. Companies have announced share repurchases of more than $383 billion in the last 13 weeks, up 30% from the year-ago period and the highest since June 2018.

Tap the Stock Buyback Trend With PKW ETF

Zacks Investment Research

ETFs to Play Buffett's Investment Insights

At Berkshire Hathaway's recent annual shareholder meeting, Warren Buffett discussed Berkshire's actions, including selling the Apple (AAPL) stock and a loss on Paramount (PARA).

ETFs to Play Buffett's Investment Insights

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 regarding value, growth and return metrics. PKW has outperformed other buyback-focused ETFs over the last 12 months, but has lagged Cambria Shareholder Yield ETF in a longer time frame.

PKW: Buyback ETF Combining Value And Growth

Buyback Bonanza: The Top 7 ETFs to Profit From Corporate Cash Splurges

80% of S&P 500 companies are entering pre-earnings buyback blackouts, according to Bloomberg. Analysts anticipate a potential rebound post-blackout.

Buyback Bonanza: The Top 7 ETFs to Profit From Corporate Cash Splurges

Buyback Activity Jumped in Fourth Quarter

The Inflation Reduction Act contained a controversial though bipartisan provision that applied a 1% levy to companies' share repurchase activities. However, data indicate that tax isn't yet hurting stock buybacks.

Buyback Activity Jumped in Fourth Quarter

Renewed Buyback Binge Could Boost This ETF

The pace of stock buybacks by S&P 500 member firms is likely to accelerate this year and in 2025, according to Goldman Sachs. That could renew investors' affinity for the Invesco BuyBack Achievers ETF (PKW).

Renewed Buyback Binge Could Boost This ETF

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.

PKW: Buybacks Still A Thing In Higher Rates

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