Thoroughbred Financial Services LLC Purchases 12,533 Shares of Invesco BuyBack Achievers ETF $PKW

Thoroughbred Financial Services LLC grew its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 61.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,978 shares of the exchange traded fund’s stock after buying an additional 12,533 shares during the period. Thoroughbred Financial Services LLC owned 0.30% of Invesco BuyBack Achievers ETF worth $4,076,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PKW. Farther Finance Advisors LLC boosted its stake in Invesco BuyBack Achievers ETF by 9.5% during the second quarter. Farther Finance Advisors LLC now owns 7,162 shares of the exchange traded fund’s stock worth $885,000 after acquiring an additional 622 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in shares of Invesco BuyBack Achievers ETF by 2,441.3% during the second quarter. Hazlett Burt & Watson Inc. now owns 6,277 shares of the exchange traded fund’s stock valued at $773,000 after purchasing an additional 6,030 shares during the last quarter. Assetmark Inc. boosted its position in shares of Invesco BuyBack Achievers ETF by 262.8% in the 1st quarter. Assetmark Inc. now owns 283 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 205 shares in the last quarter. LPL Financial LLC grew its stake in shares of Invesco BuyBack Achievers ETF by 3.3% in the 1st quarter. LPL Financial LLC now owns 392,318 shares of the exchange traded fund’s stock worth $44,201,000 after buying an additional 12,694 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Invesco BuyBack Achievers ETF by 3.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 40,663 shares of the exchange traded fund’s stock worth $5,129,000 after buying an additional 1,314 shares during the last quarter.

Invesco BuyBack Achievers ETF Trading Down 0.6%

Shares of NASDAQ:PKW opened at $128.94 on Friday. The stock has a fifty day simple moving average of $131.32 and a two-hundred day simple moving average of $125.82. Invesco BuyBack Achievers ETF has a 12-month low of $96.10 and a 12-month high of $134.95. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 15.13 and a beta of 1.05.

Invesco BuyBack Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were given a dividend of $0.3774 per share. This represents a $1.51 dividend on an annualized basis and a yield of 1.2%. This is a positive change from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, September 22nd.

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.