Invesco BuyBack Achievers ETF $PKW Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC decreased its stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 15.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,129 shares of the exchange traded fund’s stock after selling 9,289 shares during the period. Commonwealth Equity Services LLC owned approximately 0.32% of Invesco BuyBack Achievers ETF worth $6,599,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Bank of America Corp DE grew its stake in shares of Invesco BuyBack Achievers ETF by 5.6% in the 3rd quarter. Bank of America Corp DE now owns 824,794 shares of the exchange traded fund’s stock worth $109,269,000 after purchasing an additional 43,912 shares during the last quarter. LPL Financial LLC grew its stake in shares of Invesco BuyBack Achievers ETF by 9.5% in the 4th quarter. LPL Financial LLC now owns 463,308 shares of the exchange traded fund’s stock worth $62,232,000 after purchasing an additional 40,121 shares during the last quarter. UBS Group AG grew its stake in shares of Invesco BuyBack Achievers ETF by 11.4% in the 3rd quarter. UBS Group AG now owns 137,398 shares of the exchange traded fund’s stock worth $18,202,000 after purchasing an additional 14,043 shares during the last quarter. Curtis Advisory Group LLC grew its stake in shares of Invesco BuyBack Achievers ETF by 4.8% in the 4th quarter. Curtis Advisory Group LLC now owns 81,820 shares of the exchange traded fund’s stock worth $10,990,000 after purchasing an additional 3,760 shares during the last quarter. Finally, Triton Wealth Management PLLC grew its stake in shares of Invesco BuyBack Achievers ETF by 565.5% in the 4th quarter. Triton Wealth Management PLLC now owns 70,934 shares of the exchange traded fund’s stock worth $9,585,000 after purchasing an additional 60,275 shares during the last quarter.

Invesco BuyBack Achievers ETF Price Performance

Shares of PKW opened at $137.91 on Friday. The firm’s 50 day moving average is $136.02 and its 200-day moving average is $135.37. The stock has a market capitalization of $1.64 billion, a P/E ratio of 15.13 and a beta of 0.93. Invesco BuyBack Achievers ETF has a 12-month low of $118.46 and a 12-month high of $141.39.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.2167 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.87 annualized dividend and a dividend yield of 0.6%.

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.