Invesco Dynamic Building & Construction ETF Price & Performance (PKB)

The Michigan Consumer Sentiment Index dropped to 64.7, its lowest since November 2023. This marks a 9% decline from January and a 15.9% drop year-over-year. Inflation concerns and tariff uncertainties contributed to the decline, with short-term inflation expectations rising to 4.3%, the highest since 2023.1

Jones Financial Companies increased its holdings in the Invesco Building & Construction ETF by 61.5% during Q4 2024. The firm now owns 8,865 shares valued at $671,000. Other institutional investors, like Stifel Financial and Apollon Wealth Management, also raised their stakes in the ETF recently.2

The Invesco Building & Construction ETF faces mixed trading signals. Analysts recommend buying above $68.38 with a target of $72.9, while shorting near $68.38 targets $65.76. Resistance at $72.9 and $68.38 plays a critical role in shaping trading strategies, indicating uncertain momentum for the ETF.3