Significant ETF Redemptions Observed in PKW, SCHW, WFC, JCI

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The Invesco BuyBack Achievers ETF (PKW) experienced a significant outflow of approximately $542 million, marking a 23.4% decrease in shares outstanding week-over-week, from 15,450,000 units to 11,840,000 units. This information was reported today.

Among PKW’s underlying components, The Charles Schwab Corporation (SCHW) saw a modest gain of 0.6%, while Wells Fargo & Co (WFC) increased by 1.1%. In contrast, Johnson Controls International plc (JCI) declined by 0.3%. PKW’s current share price stands at $149.72, compared to a 52-week low of $125.47 and a high of $150.75.

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