Invesco BuyBack Achievers ETF (NASDAQ:PKW) Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. trimmed its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 2.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,090 shares of the exchange traded fund’s stock after selling 965 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.40% of Invesco BuyBack Achievers ETF worth $4,555,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pacific Wealth Strategies Group Inc. raised its stake in Invesco BuyBack Achievers ETF by 3.8% during the 4th quarter. Pacific Wealth Strategies Group Inc. now owns 101,781 shares of the exchange traded fund’s stock worth $10,078,000 after acquiring an additional 3,754 shares in the last quarter. Principal Securities Inc. acquired a new stake in Invesco BuyBack Achievers ETF during the 4th quarter worth $520,000. Financial Security Advisor Inc. acquired a new stake in Invesco BuyBack Achievers ETF during the 4th quarter worth $207,000. Raymond James Financial Services Advisors Inc. raised its stake in Invesco BuyBack Achievers ETF by 1.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 177,977 shares of the exchange traded fund’s stock worth $17,623,000 after acquiring an additional 2,623 shares in the last quarter. Finally, Thoroughbred Financial Services LLC raised its stake in Invesco BuyBack Achievers ETF by 148.8% during the 4th quarter. Thoroughbred Financial Services LLC now owns 15,366 shares of the exchange traded fund’s stock worth $1,521,000 after acquiring an additional 9,191 shares in the last quarter.

Invesco BuyBack Achievers ETF Trading Down 0.9 %

NASDAQ:PKW traded down $0.94 during midday trading on Tuesday, hitting $103.06. 7,322 shares of the company were exchanged, compared to its average volume of 19,962. The company has a fifty day simple moving average of $104.02 and a 200 day simple moving average of $101.52. Invesco BuyBack Achievers ETF has a fifty-two week low of $84.19 and a fifty-two week high of $108.33. The company has a market capitalization of $1.09 billion, a PE ratio of 12.93 and a beta of 1.09.

Invesco BuyBack Achievers ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a dividend of $0.3103 per share. This represents a $1.24 annualized dividend and a yield of 1.20%. The ex-dividend date was Monday, March 18th.

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.