Commonwealth Equity Services LLC Sells 3,067 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Commonwealth Equity Services LLC cut its position in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW – Get Rating) by 5.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 53,547 shares of the exchange traded fund’s stock after selling 3,067 shares during the period. Commonwealth Equity Services LLC owned approximately 0.30% of Invesco BuyBack Achievers ETF worth $3,974,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Global Retirement Partners LLC lifted its stake in Invesco BuyBack Achievers ETF by 292.3% in the third quarter. Global Retirement Partners LLC now owns 306 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 228 shares during the last quarter. SeaCrest Wealth Management LLC purchased a new position in Invesco BuyBack Achievers ETF during the 2nd quarter valued at $31,000. Old North State Trust LLC bought a new position in Invesco BuyBack Achievers ETF in the 3rd quarter valued at $34,000. Whittier Trust Co. purchased a new stake in Invesco BuyBack Achievers ETF in the third quarter worth $41,000. Finally, Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of Invesco BuyBack Achievers ETF during the third quarter worth $56,000.

Invesco BuyBack Achievers ETF Trading Down 0.0 %

Shares of PKW opened at $87.41 on Thursday. The firm has a fifty day moving average price of $89.08 and a 200-day moving average price of $85.21. The firm has a market capitalization of $1.06 billion, a P/E ratio of 9.87 and a beta of 1.11. Invesco BuyBack Achievers ETF has a 12-month low of $73.80 and a 12-month high of $94.36.

Invesco BuyBack Achievers ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 23rd. Shareholders of record on Tuesday, December 20th were paid a $0.274 dividend. The ex-dividend date was Monday, December 19th. This represents a $1.10 dividend on an annualized basis and a yield of 1.25%.

Invesco BuyBack Achievers ETF Profile

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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.