Regal Investment Advisors LLC Decreases Stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Regal Investment Advisors LLC lessened its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 20.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,506 shares of the exchange traded fund’s stock after selling 663 shares during the quarter. Regal Investment Advisors LLC’s holdings in Invesco BuyBack Achievers ETF were worth $289,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Grove Bank & Trust bought a new stake in Invesco BuyBack Achievers ETF during the fourth quarter worth approximately $35,000. Venturi Wealth Management LLC bought a new position in shares of Invesco BuyBack Achievers ETF during the 4th quarter valued at approximately $43,000. Crews Bank & Trust bought a new stake in Invesco BuyBack Achievers ETF in the fourth quarter worth $46,000. Millstone Evans Group LLC purchased a new position in Invesco BuyBack Achievers ETF during the fourth quarter worth $48,000. Finally, Noble Wealth Management PBC bought a new position in Invesco BuyBack Achievers ETF during the fourth quarter valued at $54,000.

Invesco BuyBack Achievers ETF Trading Up 1.0 %

Invesco BuyBack Achievers ETF stock opened at $105.06 on Friday. Invesco BuyBack Achievers ETF has a 12-month low of $96.10 and a 12-month high of $125.31. The firm has a 50-day moving average price of $112.11 and a 200-day moving average price of $116.19. The firm has a market capitalization of $1.10 billion, a PE ratio of 13.06 and a beta of 1.09.

Invesco BuyBack Achievers ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.3078 per share. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco BuyBack Achievers ETF’s previous dividend of $0.22.

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.