PKW Invesco Buyback Achievers ETF

Seeks to track, before fees and expenses, the NASDAQ US BuyBack Achievers Index. The Index is designed to track the performance of US securities issued by corporations that have effected a net reduction in shares outstanding of 5% or more in the trailing 12 months. Eligible securities include common stocks, REITs, and MLPs. The Index Securities are evaluated annually in January. The Index employs a modified market capitalization weighted methodology. At each quarter, the Index is rebalanced such that the maximum weight of any Index Security does not exceed 5%. The excess weight of any capped security is distributed proportionally across the remaining Index Securities.

$81.31  -0.60 (-0.73%)
As of 03/23/2023 15:50:00 EST     IEX book   CBOE book

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ETF Information

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Sponsor:     Invesco
Category1:  US Equity
Category2:  Broad Market
Category3:  Multi-cap
Morningstar category:  Large Blend
Leverage factor:  1.00
Inception date:  12/20/2006
Index tracking method: Passive replication
Current yield:  0.92%
Historical average yield:  1.49%
Market cap:  $950,609,200
Average volume:  79,931
Fees:     0.6300%

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Index Information

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NASDAQ US Buyback Achievers Index
Index symbol:  DRB
Provider:   NASDAQ OMX
Total return index symbol:  DRBN
Index weighting:   Market capitalization
Index inception date:  12/20/2006
Backtesting data exists:   Yes
Number of holdings:  128  (as of 11/18/2018)
Strategy:  Buy backs
Rebalanced:  Quarterly
Reconstituted:  Annually
Factors used to select securities:
Corporate events