Sovran Advisors LLC Sells 12,227 Shares of Invesco BuyBack Achievers ETF $PKW

Sovran Advisors LLC decreased its stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 19.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 51,542 shares of the exchange traded fund’s stock after selling 12,227 shares during the quarter. Sovran Advisors LLC’s holdings in Invesco BuyBack Achievers ETF were worth $7,154,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of PKW. Garton & Associates Financial Advisors LLC purchased a new stake in Invesco BuyBack Achievers ETF during the 4th quarter valued at $28,000. Chesapeake Asset Management LLC bought a new position in Invesco BuyBack Achievers ETF during the fourth quarter valued at $34,000. Cardiff Park Advisors LLC bought a new position in Invesco BuyBack Achievers ETF during the third quarter valued at $79,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF in the fourth quarter valued at $87,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF in the fourth quarter valued at $107,000.

Invesco BuyBack Achievers ETF Price Performance

Shares of Invesco BuyBack Achievers ETF stock traded up $0.69 during trading on Friday, hitting $143.62. The stock had a trading volume of 24,086 shares, compared to its average volume of 29,241. Invesco BuyBack Achievers ETF has a 12 month low of $122.86 and a 12 month high of $144.82. The firm’s fifty day simple moving average is $138.59 and its 200-day simple moving average is $136.84. The stock has a market cap of $1.68 billion, a PE ratio of 15.13 and a beta of 0.92.

Invesco BuyBack Achievers ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.2575 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.03 annualized dividend and a yield of 0.7%.

Invesco BuyBack Achievers ETF 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.