FMP
Invesco Dynamic Building & Construction ETF
PKB
AMEX
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying intellidex. The underlying intellidex was composed of common stocks of U.S. building and construction companies. These companies are engaged primarily in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, etc. It is non-diversified.
69.08 USD
0.43 (0.622%)
Latest PKB News
ETF Trends
Aug 26, 2024
Exploring Economic Indicators: July 2024 Housing and the LEI
Economic indicators are released every week to provide insight into a country's overall economic health. They serve as essential tools for policymakers, advisors, investors, and businesses because they allow them to make informed decisions regarding business strategies and financial markets.
ETF Trends
Aug 23, 2024
New Home Sales Surge to 14-Month High
The July release for new home sales from the Census Bureau came in at a seasonally adjusted annual rate of 739,000 units, the highest level in fourteen months. The latest reading came in higher than the 624,000 forecast.
Zacks Investment Research
Aug 23, 2024
What Lies Ahead for Homebuilder ETFs?
Expectations that the Fed will start cutting interest rates at its next meeting in September have buoyed the housing market in recent weeks.
Zacks Investment Research
Aug 9, 2024
Housing ETFs in Focus as Mortgage Rates Take a Favorable Turn
Increasing market expectations of a 100 bps interest rate cut by the end of 2024 has resulted in the 30-year mortgage rate plunging to its lowest level in over a year. Look into housing ETFs to capitalize on the optimistic trend of the 30-year mortgage rate.
Zacks Investment Research
Aug 6, 2024
3 Sector ETFs & Stocks to Bet on July Jobs Data
The US economy added 114,000 jobs in July 2024, well below a downwardly revised 179,000 in June and forecasts of 175,000.
ETF Trends
Jul 24, 2024
New Home Sales Unexpectedly Fall to 7-Month Low
The June release for new home sales from the Census Bureau came in at a seasonally adjusted annual rate of 617,000 units, the lowest level in seven months. The latest reading came in lower than the 639,000 forecast.
Zacks Investment Research
Jul 22, 2024
September Rate Cut Bets Drive Down Mortgage Rates: ETFs in Focus
With increasing expectations of an interest rate cut in September, the future for mortgage rates and the housing market turn optimistic. Look into ETFs to capitalize.
Seeking Alpha
Jul 14, 2024
PKB: Construction Will Get Its Chance Again
Invesco Building & Construction ETF has seen over 120% growth in the past 5 years, with holdings in U.S. building and construction companies. PKB includes 33 holdings from 3 sectors, with big-name companies like Home Depot and Lennar, rebalanced quarterly. Analysts predict continued momentum in the construction industry, with potential benefits from Federal Reserve interest rate cuts and technology advancements like Virtual Design and Construction and drone technology.
Zacks Investment Research
Jul 11, 2024
Is Invesco Building & Construction ETF (PKB) a Strong ETF Right Now?
Making its debut on 10/26/2005, smart beta exchange traded fund Invesco Building & Construction ETF (PKB) provides investors broad exposure to the Industrials ETFs category of the market.
Zacks Investment Research
Jul 10, 2024
ETFs to Track Amid Biden's Better Showing in Swing States
President Joe Biden is probably recording his best chances of winning as yet in swing states (per Bloomberg), even after his apparent debate loss.
