The Technical Analyst
PowerShares BuyBack [PKW]
Exchange: NASDAQ
PowerShares BuyBack Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: BUY (auto-tracking)
1.11% $104.05
America/New_York / 23 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 1 164.51 mill |
| EPS: | 7.97 |
| P/E: | 13.06 |
| Earnings Date: | N/A |
| SharesOutstanding: | 11.19 mill |
| Avg Daily Volume: | 0.0217 mill |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.89x |
| Company: PE 13.06 | sector: PE 14.70 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.76x |
| Company: PE 13.06 | industry: PE 17.27 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 103.29 - 104.81 ( +/- 0.73%) |
| ATR Model: 14 days |
Forecast:
16:00 - $104.05
Live Trading Signals (every 1 min)
Forecast
1: 15:57 - $104.06
Forecast 2: 16:00 - $104.05
Forecast 3: 16:00 - $104.05
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $104.05 (1.11% ) |
| Volume | 0.0232 mill |
| Avg. Vol. | 0.0217 mill |
| % of Avg. Vol | 107.04 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For PKW
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:33 | sell | $100.20 | N/A | Active |
|---|
PKW
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The NASDAQ includes common stocks in the underlying index pursuant to a proprietary selection methodology that identifies a universe of "BuyBack Achievers TM".
Last 10 Buy Signals
Latest News
2024-03-26 11:28:55 - ETF Trends
Buyback Activity Jumped in Fourth Quarter
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 stock buybacks.
2024-03-11 08:03:51 - ETF Trends
Renewed Buyback Binge Could Boost This ETF
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 ETF (PKW).
2024-01-30 09:53:31 - Seeking Alpha
PKW: Buybacks Still A Thing In Higher Rates
The Invesco BuyBack Achievers ETF invests in companies that have reduced their shares outstanding by at least 5% in the past year.
2023-11-16 00:55:06 - Seeking Alpha
Invesco BuyBack Achievers ETF: A Solid Value Play
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. The Fund has significantly outperformed value-based products.
2023-09-26 09:47:00 - Market Watch
If you think stocks have gotten too expensive, this ETF's strategy may work for your portfolio
Stock buybacks can be controversial. A company uses its cash to buy its own shares in the open market.
2023-08-31 13:49:56 - Seeking Alpha
PKW ETF: Limited Motivation To Go Long At This Juncture
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-reward on the charts does not look appealing.
2023-08-11 14:30:00 - Seeking Alpha
U.S. Weekly FundFlows Insight Report: Investors Go Into Risk-Off Mode For Fund Flows Week
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 week in seven.
2023-05-17 13:14:50 - Seeking Alpha
PKW: Buyback Investors Beware, This High-Fee ETF Isn't Worth The Risk
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 utilizing one year's worth of buybacks, leads to high turnover. There is also no mechanism to remove current constituents that pause their buyback programs.
2023-05-17 09:43:20 - Zacks Investment Research
Tech Giants Embrace Stock Buybacks: Its Impact on ETFs
Share repurchases, or stock buybacks, have become increasingly prevalent in tech companies' earnings this year.
2023-05-15 14:27:19 - Zacks Investment Research
ETFs to Win/Lose on Reduced Buybacks
Buybacks are waning lately as borrowing costs are rising and cash reserves are shrinking.