6,654 Shares in Invesco BuyBack Achievers ETF $PKW Acquired by TBH Global Asset Management LLC

TBH Global Asset Management LLC bought a new position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,654 shares of the exchange traded fund’s stock, valued at approximately $881,000.

A number of other hedge funds have also modified their holdings of the company. Costello Asset Management INC increased its stake in shares of Invesco BuyBack Achievers ETF by 77.0% in the second quarter. Costello Asset Management INC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 94 shares in the last quarter. Assetmark Inc. lifted its stake in shares of Invesco BuyBack Achievers ETF by 72.4% during the 2nd quarter. Assetmark Inc. now owns 488 shares of the exchange traded fund’s stock valued at $60,000 after buying an additional 205 shares in the last quarter. Bangor Savings Bank bought a new position in Invesco BuyBack Achievers ETF in the 2nd quarter worth $95,000. Ameritas Advisory Services LLC bought a new position in Invesco BuyBack Achievers ETF in the 2nd quarter worth $115,000. Finally, Nova Wealth Management Inc. increased its stake in Invesco BuyBack Achievers ETF by 2,519.4% in the 3rd quarter. Nova Wealth Management Inc. now owns 943 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 907 shares in the last quarter.

Invesco BuyBack Achievers ETF Stock Down 0.2%

NASDAQ:PKW opened at $135.30 on Wednesday. The business’s 50-day simple moving average is $132.17 and its two-hundred day simple moving average is $129.55. Invesco BuyBack Achievers ETF has a 52 week low of $96.10 and a 52 week high of $136.88. The stock has a market cap of $1.53 billion, a PE ratio of 15.13 and a beta of 1.05.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a $0.2739 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $1.10 dividend on an annualized basis and a yield of 0.8%.

Invesco BuyBack Achievers ETF Company Profile

PowerShares Buyback Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Share BuyBack Achievers Index (the Index). The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. To become eligible for inclusion in the Index, a company must be incorporated in the United States, trade on a United States exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months.