Kelman Lazarov Inc. reduced its stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 13.3% during the 1st quarter, HoldingsChannel reports. The fund owned 11,775 shares of the exchange traded fund’s stock after selling 1,810 shares during the period. Kelman Lazarov Inc.’s holdings in Invesco BuyBack Achievers ETF were worth $702,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in Invesco BuyBack Achievers ETF by 4.9% during the 4th quarter. LPL Financial LLC now owns 519,287 shares of the exchange traded fund’s stock worth $27,091,000 after buying an additional 24,213 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in Invesco BuyBack Achievers ETF by 12.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 192,745 shares of the exchange traded fund’s stock worth $10,055,000 after buying an additional 21,208 shares during the last quarter. Merriman Wealth Management LLC bought a new position in Invesco BuyBack Achievers ETF during the first quarter worth $7,789,000. Almanack Investment Partners LLC. raised its stake in Invesco BuyBack Achievers ETF by 3.3% during the fourth quarter. Almanack Investment Partners LLC. now owns 126,657 shares of the exchange traded fund’s stock worth $6,608,000 after buying an additional 4,056 shares during the last quarter. Finally, Smart Portfolios LLC raised its stake in Invesco BuyBack Achievers ETF by 80.3% during the fourth quarter. Smart Portfolios LLC now owns 124,253 shares of the exchange traded fund’s stock worth $6,482,000 after buying an additional 55,353 shares during the last quarter.

NASDAQ PKW traded up $0.75 during mid-day trading on Wednesday, reaching $61.50. 42,411 shares of the stock were exchanged, compared to its average volume of 232,209. Invesco BuyBack Achievers ETF has a one year low of $48.95 and a one year high of $63.98.

COPYRIGHT VIOLATION NOTICE: “Kelman Lazarov Inc. Sells 1,810 Shares of Invesco BuyBack Achievers ETF (PKW)” was published by Watch List News and is the property of of Watch List News. If you are reading this story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this story can be viewed at https://www.watchlistnews.com/kelman-lazarov-inc-sells-1810-shares-of-invesco-buyback-achievers-etf-pkw/3018812.html.

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.

Recommended Story: Quiet Period Expirations Explained

Want to see what other hedge funds are holding PKW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco BuyBack Achievers ETF (NASDAQ:PKW).

Institutional Ownership by Quarter for Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Receive News & Ratings for Invesco BuyBack Achievers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco BuyBack Achievers ETF and related companies with MarketBeat.com's FREE daily email newsletter.