The Invesco BuyBack Achievers ETF (PKW) has experienced a significant inflow of approximately $554.5 million, representing a 32.1% week-over-week increase in outstanding units, rising from 11.7 million to 15.45 million. This notable change reflects increasing investor demand for the ETF.
As of the most recent trade, PKW is priced at $148.44, with a 52-week low of $124.38 and a high of $148.67. Major holdings in PKW include Wells Fargo & Co (WFC), which rose 0.7%, Johnson Controls International plc (JCI), up 1.2%, and General Motors Co (GM), which saw a decline of 1.7%.
This week-over-week data underscores the dynamics of ETF trading, where the creation of new units typically necessitates buying the underlying stocks, impacting their prices.
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