Resonant Capital Advisors LLC Sells 3,961 Shares of Invesco BuyBack Achievers ETF $PKW

Resonant Capital Advisors LLC trimmed its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 6.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,999 shares of the exchange traded fund’s stock after selling 3,961 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Invesco BuyBack Achievers ETF were worth $7,949,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Costello Asset Management INC increased its holdings in shares of Invesco BuyBack Achievers ETF by 77.0% in the 2nd quarter. Costello Asset Management INC now owns 216 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 94 shares during the period. Assetmark Inc. grew its stake in Invesco BuyBack Achievers ETF by 72.4% in the second quarter. Assetmark Inc. now owns 488 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 205 shares during the last quarter. CX Institutional purchased a new stake in shares of Invesco BuyBack Achievers ETF during the third quarter valued at about $71,000. Ameritas Advisory Services LLC acquired a new stake in Invesco BuyBack Achievers ETF in the second quarter valued at approximately $115,000. Finally, Nova Wealth Management Inc. boosted its position in shares of Invesco BuyBack Achievers ETF by 2,519.4% in the 3rd quarter. Nova Wealth Management Inc. now owns 943 shares of the exchange traded fund’s stock worth $125,000 after purchasing an additional 907 shares in the last quarter.

Invesco BuyBack Achievers ETF Stock Performance

Shares of PKW stock opened at $136.97 on Friday. Invesco BuyBack Achievers ETF has a fifty-two week low of $96.10 and a fifty-two week high of $138.50. The firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of 15.13 and a beta of 1.05. The stock’s 50-day simple moving average is $133.72 and its 200-day simple moving average is $130.90.

Invesco BuyBack Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a $0.2739 dividend. This represents a $1.10 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, December 22nd.

Invesco BuyBack Achievers ETF Company 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.