POWERSHARES BUYBACK ACHIEVERS PORTFOLIO ETF News

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.

Corporate buybacks have been rising fast in America thanks to upbeat earnings and higher cash flow generation.

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 pe

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).

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 r

80% of S&P 500 companies are entering pre-earnings buyback blackouts, according to Bloomberg. Analysts anticipate a potential rebound post-blackout.

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 st

The pace of stock buybacks by S&P 500 member firms is likely to accelerate this year and in 2025, according to Goldman Sachs. That could renew investors' affinity for the Invesco BuyBack Achievers ET

The Invesco BuyBack Achievers ETF invests in companies that have reduced their shares outstanding by at least 5% in the past year.

The Invesco BuyBack Achievers ETF tracks the NASDAQ U.S. BuyBack Achievers Index. PKW has performed nearly in line with the S&P 500 since its launch in 2006, delivering strong risk-adjusted returns. T

Stock buybacks can be controversial. A company uses its cash to buy its own shares in the open market.

PKW tracks 315 US stocks that have effected a 5% net reduction in their shares outstanding over a 12-month period. We pick out some of the major themes that could weigh on PKW's prospects. The risk-re

Investors were net purchasers of fund assets for the third week in four. Investors took a risk-off approach to investing during the fund flows week. Equity ETFs witnessed net outflows for the first we

PKW selects U.S. companies that have reduced shares outstanding by 5% or more in the last year. Fees are 0.61%, and the ETF manages $920 million in assets. The 5% threshold, combined with only utilizi

Share repurchases, or stock buybacks, have become increasingly prevalent in tech companies' earnings this year.