PKB Profile
The Dynamic Building & Construction Invesco ETF (PKB) is an exchange-traded fund that seeks to track the Dynamic Building & Construction Intellidex Index. This index is comprised of companies that are engaged in the business of constructing residential, commercial, and industrial buildings, as well as companies that manufacture construction materials and equipment.
The PKB ETF provides investors with exposure to the building and construction industry, which can be influenced by a number of factors, including the health of the economy, interest rates, and government spending on infrastructure projects.
As of February 18, 2023, the top holdings of the PKB ETF include companies such as Vulcan Materials, Caterpillar, Deere & Co, United Rentals, and Sherwin-Williams. The ETF has a net asset value of approximately $1.4 billion and an expense ratio of 0.59%.
Investing in the PKB ETF can provide investors with the opportunity to gain exposure to the building and construction industry, while also providing diversification and potentially mitigating the risk associated with investing in individual companies within the industry. However, like all investments, the PKB ETF carries risks and investors should carefully consider their investment objectives and risk tolerance before investing.
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