Published on 4 Jan 2024 on Zacks via Yahoo Finance
The Invesco Building & Construction ETF (PKB) was launched on 10/26/2005, and is a smart beta exchange traded fund designed to offer broad exposure to the Industrials ETFs category of the market.
What Are Smart Beta ETFs?
The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market.