Roman Butler Fullerton & Co. acquired a new stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW – Free Report) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 8,775 shares of the exchange traded fund’s stock, valued at approximately $1,299,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. United Community Bank bought a new stake in shares of Invesco BuyBack Achievers ETF during the second quarter worth $70,000. Envestnet Asset Management Inc. boosted its stake in shares of Invesco BuyBack Achievers ETF by 173.4% during the second quarter. Envestnet Asset Management Inc. now owns 192,831 shares of the exchange traded fund’s stock valued at $27,316,000 after purchasing an additional 122,311 shares during the period. TD Waterhouse Canada Inc. boosted its stake in shares of Invesco BuyBack Achievers ETF by 16,177.2% during the second quarter. TD Waterhouse Canada Inc. now owns 40,693 shares of the exchange traded fund’s stock valued at $5,765,000 after purchasing an additional 40,443 shares during the period. Concurrent Investment Advisors LLC grew its holdings in shares of Invesco BuyBack Achievers ETF by 692.1% in the second quarter. Concurrent Investment Advisors LLC now owns 25,950 shares of the exchange traded fund’s stock worth $3,676,000 after purchasing an additional 22,674 shares during the last quarter. Finally, Corient Private Wealth LP grew its holdings in shares of Invesco BuyBack Achievers ETF by 218.7% in the second quarter. Corient Private Wealth LP now owns 28,680 shares of the exchange traded fund’s stock worth $4,063,000 after purchasing an additional 19,681 shares during the last quarter.
Invesco BuyBack Achievers ETF Trading Down 1.0%
NASDAQ PKW opened at $149.06 on Wednesday. The stock has a market cap of $1.72 billion, a PE ratio of 15.13 and a beta of 0.92. Invesco BuyBack Achievers ETF has a 12 month low of $125.47 and a 12 month high of $154.72. The company’s 50-day moving average price is $149.00 and its 200-day moving average price is $141.25.
Invesco BuyBack Achievers ETF Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a dividend of $0.2183 per share. This represents a $0.87 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Monday, September 21st. This is a negative change from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.2575.
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.
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