Powershares Buyback Achievers Portfolio ETF (PKW)

QUOTE AND NEWS
Benzinga  Jan 30  Comment 
Last year was something of a tepid year on the share buyback front. S&P 500 member firms repurchased $115.6 billion of their own shares in the third quarter, a 28 percent year-over-year decrease and good for the second consecutive quarterly...
Benzinga  Jun 23  Comment 
Corporate America is continuing its share buyback binge, but there has not been a trickle-down effect to exchange-traded funds employing repurchases as part of their weighting methodology. For example, the PowerShares Buyback Achievers Fund (ETF)...
Benzinga  May 5  Comment 
The PowerShares Buyback Achievers Fund (ETF) (NYSE: PKW) will turn 10 in December, but PKW is not just one of the oldest exchange-traded funds dedicated to companies spending oodles of cash on repurchasing their own shares. PKW is also the king of...
Benzinga  Apr 18  Comment 
Earlier this month, Goldman Sachs said corporate buybacks are, at the moment, the only source of demand for U.S. stocks. That is not a bullish statement, but S&P 500 companies remain enthused by their own shares. In the fourth quarter, measured...
Clusterstock  Dec 24  Comment 
Since the financial crisis, S&P 500 companies have spent trillions of dollars buying back shares of their own stock. In the third quarter alone, these companies gobbled up $156 billion worth of themselves. Goldman Sachs' David Kostin estimates...
Benzinga  Dec 22  Comment 
Perhaps it was because companies knew higher the Federal Reserve was going to raise interest rates, but S&P 500 members boosted share repurchases in the third quarter in significant fashion. S&P Dow Jones Indices said Monday S&P 500 companies...
Market Intelligence Center  Oct 14  Comment 
For a hedged play on Buyback Achievers Powershares (PKW) MarketIntelligenceCenter.com's option-trade picking algorithms recommend the Feb. '16 $45.00 covered call for a net debit in the $43.80 area. That is also the break-even price for the...
Market Intelligence Center  Oct 7  Comment 
For a hedged play on Buyback Achievers Powershares (PKW) MarketIntelligenceCenter.com's patented trade-picking algorithms recommend the Feb. '16 $45.00 covered call for a net debit in the $43.76 area. That is also the break-even price for the...
Benzinga  Oct 1  Comment 
Entering Thursday, PowerShare BuyBack Achievers Fund (ETF) (NYSE: PKW), the largest buyback exchange-traded fund, sported a year-to-date loss of 8.2 percent, or nearly 300 basis points worse than that of the S&P 500. Unless PKW stages an epic...




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Powershares Buyback Achievers Portfolio ETF (PKW)

Overview

The PowerShares Buyback Achiever Portfolio (Fund) is based on the Share BuyBack Achievers™ Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers™. To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a U.S. exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. The Fund is rebalanced quarterly and reconstituted annually. [1]

Fund Information

  • Fund Manager - Invesco PowerShares
  • Inception Date - 12/20/2006
  • Exchange – NYSE Arca
  • Index Ticker – PKW
  • Intra-day NAV Ticker – PKW.IV
  • Expense Ratio - 0.60%

Top Holdings

Holdings % of Portfolio
ConocoPhillips 4.99%
Exxon Mobil Corp. 4.66%
McDonald\'s Corp. 4.40%
United Parcel Service Inc. (Cl B) 3.59%
Comcast Corp. (Cl A) 2.84%
Kraft Foods Inc. 2.55%
Boeing Co. 2.38%
Target Corp. 2.36%
Caterpillar Inc. 2.35%
UnitedHealth Group Inc. 2.12%


Holdings as of 16/11/2009

References

  1. - Overview of Powershares Buyback Achievers Portfolio ETF (PKW)
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