IPKWInvesco International BuyBack Achievers ETF
IPKW Fund Description
IPKW tracks a modified market-cap-weighted index of global ex-US companies that have reduced their outstanding shares by at least 5% in the past year.
IPKW Factset Analytics Insight
IPKW is an international twist on the issuer’s 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.
IPKW Summary Data
IPKW Portfolio Data
IPKW Index Data
IPKW Portfolio Management
IPKW Tax Exposures
IPKW Fund Structure
IPKW Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IPKW. IPKW is rated a 3 out of 5.
IPKW Sector/Industry Breakdown
IPKW Top 10 Holdings[View All]
IPKW Economic Development
IPKW Performance Statistics
IPKW Benchmark Comparison Summary
IPKW Benchmark Comparison Market Cap Size