Invesco BuyBack Achievers ETF
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
8,018% more call options, than puts
Call options by funds: $893K | Put options by funds: $11K
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
7% more funds holding
Funds holding: 200 [Q2] → 214 (+14) [Q3]
3% more capital invested
Capital invested by funds: $442M [Q2] → $456M (+$13.1M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
2.53% less ownership
Funds ownership: 40.56% [Q2] → 38.03% (-2.53%) [Q3]
14% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 66
Research analyst outlook
We haven’t received any recent analyst ratings for PKW.
Financial journalist opinion
Positive
Seeking Alpha
1 day ago
PKW: Record Buybacks In 2024, This Low P/E Fund Remains A Buy
The record year for share-repurchase authorizations highlights strong free cash flow and well-capitalized US large caps, with low M&A trends favoring buybacks. I reiterate a buy rating on the Invesco BuyBack Achievers ETF, despite its moderate to high expense ratio and mixed liquidity. PKW offers a value-oriented portfolio with a low P/E ratio, though it has a cyclical risk profile and concentration in Consumer Discretionary.
Positive
Seeking Alpha
2 months ago
PKW: A Cheap Buyback ETF Outperforming Value Plays
The Invesco BuyBack Achievers ETF focuses on companies with consistent share buybacks, offering a value-oriented portfolio with a P/E ratio of 14.3x. PKW's portfolio is diversified across sectors, with significant overweight in consumer discretionary and industrials, and underweight in technology, consumer staples, and utilities. PKW's low valuation and high growth profile make it an attractive alternative to typical dividend and value ETFs.
Positive
Seeking Alpha
5 months ago
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.
Positive
Zacks Investment Research
6 months ago
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.
Positive
Zacks Investment Research
7 months ago
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.
Positive
Zacks Investment Research
7 months ago
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.
Positive
Zacks Investment Research
7 months ago
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).
Positive
Seeking Alpha
8 months ago
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.
Positive
InvestorPlace
8 months ago
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.
Positive
ETF Trends
8 months ago
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.
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