Invesco International BuyBack Achievers ETFInvesco International BuyBack Achievers ETFInvesco International BuyBack Achievers ETF

Invesco International BuyBack Achievers ETF

No trades
Buy IPKW

Key stats


Assets under management (AUM)
‪93.46 M‬USD
Fund flows (1Y)
‪−1.95 M‬USD
Dividend yield (indicated)
3.09%
Discount/Premium to NAV
−0.2%

About Invesco International BuyBack Achievers ETF


Issuer
Invesco Ltd.
Brand
Invesco
Expense ratio
0.55%
Home page
Inception date
Feb 27, 2014
Index tracked
NASDAQ International BuyBack Achievers Index
Management style
Passive
IPKW is an international twist on the issuers US-based buyback fund PKW. IPKW invests in companies included in the NASDAQ Global Ex-US Index (base index) that have recently repurchased significant amounts of their own shares, subject to liquidity and market cap constraints. The concept is straightforward: Management has the greatest insight as to future business prospects so, when they elect to buy back their own stock, it's because they see it as undervalued. The counterargument is that buybacks are indicative of a lack of future growth opportunities, otherwise the company would invest its cash in those prospects. The Index is reconstituted annually in July and rebalanced quarterly starting January.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Fundamental
Weighting scheme
Market cap
Selection criteria
Share buybacks
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Energy Minerals
Stock breakdown by region
2%5%64%3%0.1%24%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.