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Wall Street Sours On Buyback ETFs As Stock Repurchases Wane

TedTed
in The Bullpen
FYI: Buybacks may be less attractive when valuations are at elevated levels.
The largest exchange-traded fund related to companies repurchasing their own stock has fallen out of favor in 2017, sharply underperforming the market and seeing outflows while companies reduce the amount they spend on buybacks.
Regards,
Ted
http://www.marketwatch.com/story/wall-street-sours-on-buyback-etfs-as-stock-repurchases-wane-2017-03-23/print
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