Invesco BuyBack Achievers ETF $PKW Stock Sold by Hudock Inc.

Hudock Inc. decreased its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 72.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,344 shares of the exchange traded fund’s stock after selling 29,566 shares during the period. Hudock Inc.’s holdings in Invesco BuyBack Achievers ETF were worth $1,623,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in shares of Invesco BuyBack Achievers ETF by 173.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 192,831 shares of the exchange traded fund’s stock worth $27,316,000 after purchasing an additional 122,311 shares in the last quarter. Koshinski Asset Management Inc. raised its stake in shares of Invesco BuyBack Achievers ETF by 13.3% in the first quarter. Koshinski Asset Management Inc. now owns 79,528 shares of the exchange traded fund’s stock valued at $10,438,000 after purchasing an additional 9,344 shares in the last quarter. Triton Wealth Management PLLC raised its stake in shares of Invesco BuyBack Achievers ETF by 1.6% in the first quarter. Triton Wealth Management PLLC now owns 72,054 shares of the exchange traded fund’s stock valued at $9,529,000 after purchasing an additional 1,120 shares in the last quarter. Resonant Capital Advisors LLC raised its stake in shares of Invesco BuyBack Achievers ETF by 2.3% in the first quarter. Resonant Capital Advisors LLC now owns 61,405 shares of the exchange traded fund’s stock valued at $8,059,000 after purchasing an additional 1,406 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Invesco BuyBack Achievers ETF by 6.1% in the first quarter. Cetera Investment Advisers now owns 61,132 shares of the exchange traded fund’s stock valued at $8,024,000 after purchasing an additional 3,522 shares in the last quarter.

Invesco BuyBack Achievers ETF Price Performance

Shares of PKW stock opened at $147.71 on Thursday. The stock has a market cap of $1.71 billion, a P/E ratio of 15.13 and a beta of 0.92. Invesco BuyBack Achievers ETF has a one year low of $125.47 and a one year high of $154.72. The stock has a fifty day moving average price of $149.18 and a 200 day moving average price of $142.71.

Invesco BuyBack Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a $0.2183 dividend. This is a drop from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.2575. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.87 annualized dividend and a yield of 0.6%.

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.