PKW: Investing In Share Buybacks Since Before Apple Made It Cool

Innovation remains a dominant theme in the ever-expanding ETF industry and the current product lineup is stacked with compelling strategies for investors of all walks. With over 1,400 ETPs to pick from, investors can slice-and-dice the investable universe practically which ever way they want. Although Apple’s recent distribution announcement may have introduced many investors to the concept of stock repurchasing (or share buyback), this particular phenomenon is nothing new in the investing world. In fact, one particularly interesting ETF is the PowerShares Buyback Achievers Portfolio Fund (PKW); this one-of-a-kind offering seeks to track an index of companies that have recently bought back significant portions of the company stock [see Free Report: How To Pick The Right ETF Every Time]. Before diving into the methodology behind PKW, it’s crucial to understand just exactly what a stock repurchase is, and why such a strategy may be appealing to shareholders and potential investors alike. What Is A Buyback? [...] Click here to read the original article on ETFdb.com. Related Posts: Quant-Based ETFs In Focus AdvisorShares Launches Float Shrink ETF (TTFS) ETFdb Category Kings: Best Performers From First Half Of 2011 Will Cash-Rich Companies Boost MNA and PKW? Stock Buyback ETF (PKW) Under The Microscope