PKW Invesco Buyback Achievers ETF. It’s an exchange-traded fund that tracks the 100 stocks with the highest buyback ratios.

PKW Invesco Buyback Achievers ETF. It’s an exchange-traded fund that tracks the 100 stocks with the highest buyback ratios. 


In fact, in 2022, the S&P 500 buyback index outperformed the S&P 500 index.

Chart

Just think about that. Without the extra demand coming from companies for their own shares, it’s likely that the market could have looked much worse last year.

But all this buyback activity can propel stock prices higher, especially if other factors are involved.

Greater buyback announcements, buyback trade execution, and retail and institutional demand can all contribute to higher share prices. And when you throw in the fact that we are in Stage 1 of the Fed’s pivot, there’s reason to believe this early year rally has legs.

That’s why we think that 2023 will be an even bigger buyback year – and set another record.

And one way to take advantage of this trend is through the PKW Invesco Buyback Achievers ETF. It’s an exchange-traded fund that tracks the 100 stocks with the highest buyback ratios.

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