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PKB - ITB: The 'Home Sweet Home (Builders)' ETF
April, 25 2021 10:42 AM
Invesco Dynamic Building & Construction
Somewhat surprisingly given the global pandemic, 2020 existing home sales set a 14-year record. Right now, there is a severe lack of inventory: the U.S. actually has more registered real estate agents than it has homes for sale. Meantime, the interest rate environment is still very accommodating by historical standards, but commodity prices like lumber and copper are soaring. Today, I'll take a look at a well-performing home construction ETF to try and determine its prospects moving forward. For further details see:
ITB: The 'Home Sweet Home (Builders)' ETF
Stock Information
Company Name:
Invesco Dynamic Building & Construction
Stock Symbol:
PKB
Market:
NYSE
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