PFG Advisors Takes $210,000 Position in Invesco BuyBack Achievers ETF (NASDAQ:PKW)

PFG Advisors purchased a new stake in shares of Invesco BuyBack Achievers ETF (NASDAQ:PKWFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,125 shares of the exchange traded fund’s stock, valued at approximately $210,000.

A number of other institutional investors and hedge funds have also modified their holdings of PKW. Cibc World Market Inc. grew its holdings in shares of Invesco BuyBack Achievers ETF by 8.9% during the first quarter. Cibc World Market Inc. now owns 8,079 shares of the exchange traded fund’s stock valued at $731,000 after buying an additional 661 shares in the last quarter. Baird Financial Group Inc. purchased a new position in Invesco BuyBack Achievers ETF in the first quarter valued at about $1,055,000. UBS Group AG grew its stake in Invesco BuyBack Achievers ETF by 8.0% in the first quarter. UBS Group AG now owns 167,563 shares of the exchange traded fund’s stock valued at $15,161,000 after purchasing an additional 12,451 shares in the last quarter. Invesco Ltd. grew its stake in Invesco BuyBack Achievers ETF by 23.1% in the first quarter. Invesco Ltd. now owns 9,633 shares of the exchange traded fund’s stock valued at $872,000 after purchasing an additional 1,809 shares in the last quarter. Finally, Atria Wealth Solutions Inc. purchased a new position in Invesco BuyBack Achievers ETF in the first quarter valued at about $1,679,000.

Invesco BuyBack Achievers ETF Price Performance

Shares of NASDAQ PKW opened at $107.46 on Thursday. The business’s 50-day moving average price is $103.05 and its two-hundred day moving average price is $96.37. Invesco BuyBack Achievers ETF has a one year low of $81.93 and a one year high of $108.33. The company has a market capitalization of $1.15 billion, a P/E ratio of 9.87 and a beta of 1.09.

Invesco BuyBack Achievers ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.3103 per share. The ex-dividend date was Monday, March 18th. This represents a $1.24 annualized dividend and a dividend yield of 1.15%.

Invesco BuyBack Achievers ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Invesco BuyBack Achievers ETF (NASDAQ:PKW)

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