Political Controversy Isn’t The Only Concern With Buyback ETFs

Share repurchase plans have recently drawn the ire of U.S. senators from both parties, but the Invesco Buyback Achievers ETF (NYSEArca: PKW) is still up more than 14% this year. The $1.43 billion PKW tracks the NASDAQ US BuyBack Achievers Index. That index “is comprised of US securities issued by...