Invesco BuyBack Achievers ETF $PKW Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp increased its stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 32.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 20,947 shares of the exchange traded fund’s stock after acquiring an additional 5,165 shares during the quarter. Jones Financial Companies Lllp’s holdings in Invesco BuyBack Achievers ETF were worth $2,775,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in PKW. Assetmark Inc. raised its holdings 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 worth $60,000 after acquiring an additional 205 shares during the period. CX Institutional purchased a new stake in shares of Invesco BuyBack Achievers ETF in the third quarter valued at about $71,000. Nova Wealth Management Inc. increased its position in Invesco BuyBack Achievers ETF by 2,519.4% during the third quarter. Nova Wealth Management Inc. now owns 943 shares of the exchange traded fund’s stock worth $125,000 after purchasing an additional 907 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in Invesco BuyBack Achievers ETF during the second quarter worth about $190,000. Finally, Lion Street Advisors LLC purchased a new position in Invesco BuyBack Achievers ETF during the second quarter worth about $207,000.

Invesco BuyBack Achievers ETF Price Performance

NASDAQ:PKW opened at $139.60 on Monday. The company’s 50-day moving average is $135.85 and its two-hundred day moving average is $132.08. Invesco BuyBack Achievers ETF has a 1-year low of $96.10 and a 1-year high of $139.68. The firm has a market capitalization of $2.17 billion, a price-to-earnings ratio of 15.13 and a beta of 1.05.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently disclosed 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 was Monday, December 22nd. This represents a $1.10 dividend on an annualized basis and a yield of 0.8%.

About Invesco BuyBack Achievers ETF

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.