Atlantic Union Bankshares Corp Acquires New Stake in Invesco BuyBack Achievers ETF $PKW

Atlantic Union Bankshares Corp bought a new position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,534 shares of the exchange traded fund’s stock, valued at approximately $190,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MAI Capital Management raised its stake in shares of Invesco BuyBack Achievers ETF by 1.5% in the 1st quarter. MAI Capital Management now owns 5,655 shares of the exchange traded fund’s stock worth $637,000 after buying an additional 85 shares in the last quarter. Costello Asset Management INC boosted its stake in Invesco BuyBack Achievers ETF by 77.0% during the second quarter. Costello Asset Management INC now owns 216 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 94 shares in the last quarter. Carnegie Investment Counsel grew its holdings in Invesco BuyBack Achievers ETF by 0.7% during the second quarter. Carnegie Investment Counsel now owns 15,232 shares of the exchange traded fund’s stock worth $1,883,000 after acquiring an additional 110 shares during the period. Cetera Investment Advisers raised its position in Invesco BuyBack Achievers ETF by 0.7% in the first quarter. Cetera Investment Advisers now owns 28,166 shares of the exchange traded fund’s stock worth $3,173,000 after acquiring an additional 191 shares in the last quarter. Finally, Pacific Sun Financial Corp lifted its holdings in Invesco BuyBack Achievers ETF by 1.2% in the 2nd quarter. Pacific Sun Financial Corp now owns 15,486 shares of the exchange traded fund’s stock valued at $1,914,000 after acquiring an additional 191 shares during the last quarter.

Invesco BuyBack Achievers ETF Trading Up 1.1%

NASDAQ:PKW opened at $129.56 on Monday. The company has a 50-day moving average of $131.42 and a 200-day moving average of $125.32. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 15.13 and a beta of 1.05. Invesco BuyBack Achievers ETF has a twelve month low of $96.10 and a twelve month high of $134.95.

Invesco BuyBack Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a dividend of $0.3774 per share. The ex-dividend date was Monday, September 22nd. This is a positive change from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.37. This represents a $1.51 dividend on an annualized basis and a yield of 1.2%.

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.