Launched on 10/26/2005, the Invesco Building & Construction ETF (PKB) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Engineering and Construction segment of the equity market.
Invesco Building & Construction ETF has seen over 120% growth in the past 5 years, with holdings in U.S. building and construction companies. PKB includes 33 holdings from 3 sectors, with big-name companies like Home Depot and Lennar, rebalanced quarterly. Analysts predict continued momentum in the construction industry, with potential benefits from Federal Reserve interest rate cuts and technology advancements like Virtual Design and Construction and drone technology.
Making its debut on 10/26/2005, smart beta exchange traded fund Invesco Building & Construction ETF (PKB) provides investors broad exposure to the Industrials ETFs category of the market.
The U.S. economy added 206,000 jobs in June 2024, slightly below a downwardly revised 218,000 in May and above forecasts of 190,000.
The Invesco Building & Construction ETF is a highly focused investment, keying in on just the building and construction industries. The ETF uses a five-factor process for stock selection.
If you're interested in broad exposure to the Industrials - Engineering and Construction segment of the equity market, look no further than the Invesco Building & Construction ETF (PKB), a passively managed exchange traded fund launched on 10/26/2005.