ProShares S&P 500 Buyback Aristocrats ETF (BUYB) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $6,967.
What does ProShares S&P 500 Buyback Aristocrats ETF invest in?▾
The ProShares S&P 500 Buyback Aristocrats ETF (BUYB) targets prominent U.S. corporations that have a proven track record of consistently buying back their own stock. It tracks an index composed of S&P 500 companies that have reduced their common shares outstanding for a minimum of ten consecutive years. The fund endeavors to select at least 40 such companies using a quantitative approach that dictates the type, quantity, and combination of investment positions. If fewer than 40 companies meet the initial qualification, the consecutive year requirement for share reduction is incrementally...
