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PowerShares Dynamic Build & Construction Stock Quote & Summary Data

(ETF)
PKB 
$22.51
*  
0.03
0.13%
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*Delayed - data as of Apr. 24, 2014 


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Description

The PowerShares Dynamic Building & Construction Portfolio seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Dynamic Building & Construction Intellidex Index (the "Underlying Intellidex"). The Underlying Intellidex is comprised of stocks of 30 U.S. building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines and airports. These companies may also include manufacturers of building materials for home improvement and general construction projects and specialized machinery used for building and construction; companies which provide installation/maintenance/repair work; and land developers. Stocks are selected principally on the basis of their capital appreciation potential as identified by NYSE Arca pursuant to a proprietary Intellidex methodology. The Fund will normally invest at least 80% of its total assets in common stocks of building and construction companies.


Underlying Index Building & Construction Intellidex Index
Management Fee 0.63
Asset Class Equity
Leverage 1

News for PKB

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