Bank of New York Mellon Corp Cuts Stake in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Bank of New York Mellon Corp lowered its holdings in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 12.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,589 shares of the exchange traded fund’s stock after selling 10,111 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.68% of Invesco BuyBack Achievers ETF worth $6,583,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Resurgent Financial Advisors LLC purchased a new position in Invesco BuyBack Achievers ETF during the 4th quarter valued at approximately $28,000. Creative Capital Management Investments LLC purchased a new position in Invesco BuyBack Achievers ETF during the 2nd quarter valued at approximately $34,000. Ameritas Advisory Services LLC purchased a new position in Invesco BuyBack Achievers ETF during the 1st quarter valued at approximately $47,000. True Wealth Design LLC purchased a new position in Invesco BuyBack Achievers ETF during the 4th quarter valued at approximately $102,000. Finally, Bessemer Group Inc. purchased a new position in Invesco BuyBack Achievers ETF during the 4th quarter valued at approximately $129,000.

Invesco BuyBack Achievers ETF Price Performance

NASDAQ PKW opened at $91.60 on Tuesday. The stock has a market capitalization of $1.78 billion, a PE ratio of 9.87 and a beta of 1.09. The business has a 50 day simple moving average of $89.26 and a two-hundred day simple moving average of $89.20. Invesco BuyBack Achievers ETF has a 1-year low of $80.03 and a 1-year high of $94.70.

Invesco BuyBack Achievers ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 22nd. Stockholders of record on Tuesday, September 19th were paid a $0.2225 dividend. This represents a $0.89 annualized dividend and a dividend yield of 0.97%. The ex-dividend date was Monday, September 18th.

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.