BKNG - PKW: Buyback ETF Combining Value And Growth
2024-04-22 08:51:17 ET
Summary
- 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 strategy
Invesco BuyBack Achievers ETF ( PKW ) started investing operations on 12/20/2006 and tracks the NASDAQ US BuyBack Achievers Index. It has 204 holdings, a distribution yield of 1.21% and a total expense ratio of 0.62%. Dividends are paid quarterly....
PKW: Buyback ETF Combining Value And Growth